# PPP loan: LIKE NEW AUTOMOTIVE, INC.
> **$189K** approved 04/08/2020 · Paid in Full · Loan `8156717009`
## Borrower
- **Name:** LIKE NEW AUTOMOTIVE, INC.
- **Address:** 19805 Hwy 62 S, ORANGE, TX, 77630
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 14
## Lender
- **Originating:** First State Bank of Texas
- **Servicing:** First State Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*