# PPP loan: THE AUTO CONNECTION, INC
> **$943K** approved 04/07/2020 · Paid in Full · Loan `7454177006`
## Borrower
- **Name:** THE AUTO CONNECTION, INC
- **Address:** 2900 Sabre Street Suite 75, VIRGINIA BEACH, VA, 23452-7363
- **NAICS:** 441120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $943K
- **Initial approval:** $943K
- **Forgiven:** $949K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $943K
- **Jobs reported:** 97
## 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*