# PPP loan: CLEMENTS AUTOMOTIVE INC
> **$224K** approved 04/28/2020 · Paid in Full · Loan `8469747204`
## Borrower
- **Name:** CLEMENTS AUTOMOTIVE INC
- **Address:** 6011 MELVIN DR, SPARTANBURG, SC, 29303-6653
- **NAICS:** 333618
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 15
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*