# PPP loan: DAVID BRUCE AUTO CENTER INC
> **$495K** approved 04/28/2020 · Paid in Full · Loan `7070357209`
## Borrower
- **Name:** DAVID BRUCE AUTO CENTER INC
- **Address:** 555 WILLIAM R LATHAM SR DR, BOURBONNAIS, IL, 60914-2316
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $497K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $495K
- **Jobs reported:** 50
## Lender
- **Originating:** State Bank of Davis
- **Servicing:** State Bank of Davis (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*