# PPP loan: SEARSON BODY SHOP, INC.
> **$218K** approved 04/15/2020 · Paid in Full · Loan `9071347109`
## Borrower
- **Name:** SEARSON BODY SHOP, INC.
- **Address:** 488 BRUNKEN AVE, SALINAS, CA, 93908
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 03/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 13
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*