# PPP loan: SOWERS & TOOTHMAN AUTOMOTIVE INC
> **$377K** approved 04/07/2020 · Paid in Full · Loan `6981247000`
## Borrower
- **Name:** SOWERS & TOOTHMAN AUTOMOTIVE INC
- **Address:** 2231 WHITE HALL BLVD, FAIRMONT, WV, 26554-3498
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $377K
- **Initial approval:** $351K
- **Forgiven:** $382K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $377K
- **Jobs reported:** 33
## Lender
- **Originating:** First Exchange Bank
- **Servicing:** First Exchange Bank (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*