# PPP loan: TOWN AUTO MALL INC
> **$431K** approved 04/07/2020 · Paid in Full · Loan `7623997007`
## Borrower
- **Name:** TOWN AUTO MALL INC
- **Address:** 1001 N Miller St, Wenatchee, WA, 98801-1511
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $370K
- **Rent:** $30K
- **Utilities:** $30K
- **Jobs reported:** 43
## Lender
- **Originating:** Cashmere Valley Bank
- **Servicing:** Cashmere Valley Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*