# PPP loan: KELLY GRIMSLEY AUTO GROUP, LTD
> **$1.60M** approved 04/14/2020 · Paid in Full · Loan `7056547102`
## Borrower
- **Name:** KELLY GRIMSLEY AUTO GROUP, LTD
- **Address:** 2603 E 8TH ST, ODESSA, TX, 79761-4905
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Jobs reported:** 113
## Lender
- **Originating:** SouthWest Bank
- **Servicing:** SouthWest Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*