# PPP loan: KING VOLKSWAGEN LLC
> **$784K** approved 04/08/2020 · Paid in Full · Loan `8072537006`
## Borrower
- **Name:** KING VOLKSWAGEN LLC
- **Address:** 979 N FREDERICK AVE, GAITHERSBURG, MD, 20879-3303
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $784K
- **Initial approval:** $784K
- **Forgiven:** $789K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $784K
- **Jobs reported:** 70
## 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*