# PPP loan: LEXINGTON MOTORS, INC.
> **$752K** approved 04/07/2020 · Paid in Full · Loan `7655837010`
## Borrower
- **Name:** LEXINGTON MOTORS, INC.
- **Address:** 409 MASSACHUSETTS AVE, LEXINGTON, MA, 02420-4009
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $752K
- **Initial approval:** $813K
- **Forgiven:** $757K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $752K
- **Jobs reported:** 52
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*