# PPP loan: LANSDALE AUTO GROUP INC
> **$707K** approved 01/27/2021 · Paid in Full · Loan `7055878308`
## Borrower
- **Name:** LANSDALE AUTO GROUP INC
- **Address:** 722 Bethlehem Pike, Montgomeryville, PA, 18936-9601
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $707K
- **Initial approval:** $707K
- **Forgiven:** $712K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $707K
- **Utilities:** $1
- **Jobs reported:** 53
## Lender
- **Originating:** Univest Bank and Trust Co
- **Servicing:** Univest Bank and Trust Co (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*