# PPP loan: AUTOMOBILES OF AUSTIN LP
> **$1.85M** approved 04/14/2020 · Paid in Full · Loan `7363667103`
## Borrower
- **Name:** AUTOMOBILES OF AUSTIN LP
- **Address:** 5519 East Ben White Blvd, AUSTIN, TX, 78741
- **NAICS:** 441110
- **Business type:** Limited Liability Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.69M (91%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.38M
- **Mortgage interest:** $231K
- **Utilities:** $231K
- **Jobs reported:** 127
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*