# PPP loan: MOREHEAD AUTO SALES INC
> **$933K** approved 03/09/2021 · Paid in Full · Loan `8446508500`
## Borrower
- **Name:** MOREHEAD AUTO SALES INC
- **Address:** 1000 Auto Park Pl, Newburgh, NY, 12550-6704
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $933K
- **Initial approval:** $933K
- **Forgiven:** $942K (101%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $933K
- **Jobs reported:** 61
## Lender
- **Originating:** NBT Bank National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*