# PPP loan: YOUNG'S AUTO CENTER & SALVAGE
> **$224K** approved 04/28/2020 · Paid in Full · Loan `8851177200`
## Borrower
- **Name:** YOUNG'S AUTO CENTER & SALVAGE
- **Address:** 2500 NC 242 South, BENSON, NC, 27504
- **NAICS:** 423140
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 45
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*