# PPP loan: BEST VALUE AUTO PARTS DISTRIBUTORS INC.
> **$225K** approved 04/15/2020 · Paid in Full · Loan `9106077101`
## Borrower
- **Name:** BEST VALUE AUTO PARTS DISTRIBUTORS INC.
- **Address:** 600 WEBSTER ST, GRAND RAPIDS, MI, 49504-3260
- **NAICS:** 423840
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 36
## Lender
- **Originating:** Hanmi Bank
- **Servicing:** Hanmi Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*