# PPP loan: GULF COAST AUTO GROUP, INC.
> **$264K** approved 04/15/2020 · Paid in Full · Loan `8712017100`
## Borrower
- **Name:** GULF COAST AUTO GROUP, INC.
- **Address:** 3024 AIRPORT BLVD, MOBILE, AL, 36606-3633
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Jobs reported:** 15
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*