# PPP loan: TAYLOR AUTOMOTIVE, INC.
> **$426K** approved 04/07/2020 · Paid in Full · Loan `7351317008`
## Borrower
- **Name:** TAYLOR AUTOMOTIVE, INC.
- **Address:** 501 E. US HWY 20, MICHIGAN CITY, IN, 46360-7367
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $445K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $426K
- **Jobs reported:** 50
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*