# PPP loan: ANDOVER AUTO SALES INC
> **$167K** approved 01/28/2021 · Paid in Full · Loan `7261318305`
## Borrower
- **Name:** ANDOVER AUTO SALES INC
- **Address:** 110 W New Circle Rd, Lexington, KY, 40505-1424
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $167K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Republic Bank & Trust Company
- **Servicing:** Republic Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*