# PPP loan: TK MOTORS, INC.
> **$331K** approved 04/14/2020 · Paid in Full · Loan `7506177107`
## Borrower
- **Name:** TK MOTORS, INC.
- **Address:** 1325 SCOTLAND AVENUE EXT, PUNXSUTAWNEY, PA, 15767-3071
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $331K
- **Jobs reported:** 69
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*