# PPP loan: YOUNGER MOTORCARS INC
> **$1.54M** approved 03/12/2021 · Paid in Full · Loan `9366698505`
## Borrower
- **Name:** YOUNGER MOTORCARS INC
- **Address:** 1945 Dual Hwy, Hagerstown, MD, 21740-6603
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.54M
- **Utilities:** $1
- **Jobs reported:** 205
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*