# PPP loan: WESTBORO MOTORS INC
> **$1.51M** approved 04/15/2020 · Paid in Full · Loan `8831057104`
## Borrower
- **Name:** WESTBORO MOTORS INC
- **Address:** 271 Turnpike Rd, WESTBOROUGH, MA, 01581
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 122
## Lender
- **Originating:** Toyota Financial Savings Bank
- **Servicing:** Toyota Financial Savings Bank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*