# PPP loan: UNDERWOOD & BABB AUTOMOTIVE GROUP, LLC
> **$208K** approved 04/30/2020 · Paid in Full · Loan `7771257304`
## Borrower
- **Name:** UNDERWOOD & BABB AUTOMOTIVE GROUP, LLC
- **Address:** 501 S. Madison St, WHITEVILLE, NC, 28472-4127
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Jobs reported:** 19
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*