# PPP loan: PARK PLACE AUTOMOTIVE INC.
> **$171K** approved 04/07/2020 · Paid in Full · Loan `7098267001`
## Borrower
- **Name:** PARK PLACE AUTOMOTIVE INC.
- **Address:** 14 GREGORY CT, AKRON, PA, 17501-1379
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 15
## Lender
- **Originating:** The Ephrata National Bank
- **Servicing:** The Ephrata National Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*