# PPP loan: RON'S COLLISION CENTER & AUTO SALES, INC
> **$250K** approved 04/28/2020 · Paid in Full · Loan `8874797201`
## Borrower
- **Name:** RON'S COLLISION CENTER & AUTO SALES, INC
- **Address:** 918 Stoystown Road, SOMERSET, PA, 15501
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 24
## Lender
- **Originating:** Somerset Trust Company
- **Servicing:** Somerset Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*