# PPP loan: NORTH PALM MOTORS LLC
> **$740K** approved 04/30/2020 · Exemption 4 · Loan `7302157306`
## Borrower
- **Name:** NORTH PALM MOTORS LLC
- **Address:** 3626 Northlake Blvd, Palm Beach Gardens, FL, 33403-1628
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $740K
- **Initial approval:** $740K
- **Forgiven:** $618K (84%)
- **Forgiveness date:** 09/20/2024
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $740K
- **Jobs reported:** 52
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*