# PPP loan: AUTOMOTIVE COLLISION INC
> **$185K** approved 04/08/2020 · Paid in Full · Loan `8490927008`
## Borrower
- **Name:** AUTOMOTIVE COLLISION INC
- **Address:** 548 STATE HIGHWAY 7 E, CENTER, TX, 75935-5306
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Rent:** $18K
- **Utilities:** $9K
- **Jobs reported:** 12
## Lender
- **Originating:** Shelby Savings Bank, SSB
- **Servicing:** Shelby Savings Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*