# PPP loan: VENICE MOTORS, LLC
> **$1.45M** approved 04/14/2020 · Paid in Full · Loan `7727907105`
## Borrower
- **Name:** VENICE MOTORS, LLC
- **Address:** 900 US Highway 41 Bypass South, VENICE, FL, 34285-4333
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 150
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*