# PPP loan: NEW WORLD AUTO IMPORTS OF AUSTIN, INC
> **$845K** approved 04/28/2020 · Paid in Full · Loan `7193977207`
## Borrower
- **Name:** NEW WORLD AUTO IMPORTS OF AUSTIN, INC
- **Address:** 46573 N Hwy 183, Austin, TX, 78750-2207
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $845K
- **Initial approval:** $845K
- **Forgiven:** $855K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $845K
- **Jobs reported:** 33
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*