# PPP loan: AUTO WORLD OF BIG STONE GAP
> **$261K** approved 01/30/2021 · Paid in Full · Loan `8842938306`
## Borrower
- **Name:** AUTO WORLD OF BIG STONE GAP
- **Address:** 721 E 5th St N, Big Stone Gap, VA, 24219-2405
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** New Peoples Bank, Inc.
- **Servicing:** New Peoples Bank, Inc. (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*