# PPP loan: ROSWELL MOTORS INC
> **$619K** approved 04/07/2020 · Paid in Full · Loan `7124957001`
## Borrower
- **Name:** ROSWELL MOTORS INC
- **Address:** 11185 ALPHARETTA HWY, ROSWELL, GA, 30076-1437
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $619K
- **Initial approval:** $692K
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $619K
- **Jobs reported:** 50
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*