# PPP loan: MAHALAK AUTO GROUP LAKE WALES LLC
> **$356K** approved 04/09/2020 · Paid in Full · Loan `8913387004`
## Borrower
- **Name:** MAHALAK AUTO GROUP LAKE WALES LLC
- **Address:** 21529 US HWY 27, LAKE WALES, FL, 33859-6857
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $356K
- **Jobs reported:** 27
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*