# PPP loan: WELBORNE AUTOMOTIVE, LLC
> **$323K** approved 04/08/2020 · Paid in Full · Loan `7962847002`
## Borrower
- **Name:** WELBORNE AUTOMOTIVE, LLC
- **Address:** 2411 N Main St., HIGH POINT, NC, 27262-7832
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Jobs reported:** 26
## Lender
- **Originating:** Bank of Oak Ridge
- **Servicing:** Bank of Oak Ridge (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*