# PPP loan: PERRY MOTORS, INC.
> **$683K** approved 04/07/2020 · Paid in Full · Loan `7309957008`
## Borrower
- **Name:** PERRY MOTORS, INC.
- **Address:** 1005 W Ehringhaus Street, ELIZABETH CITY, NC, 27909-6948
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $683K
- **Initial approval:** $683K
- **Forgiven:** $689K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $683K
- **Jobs reported:** 74
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*