# PPP loan: SELLERS AUTOMOTIVE INC.
> **$1.54M** approved 04/15/2020 · Paid in Full · Loan `9408557109`
## Borrower
- **Name:** SELLERS AUTOMOTIVE INC.
- **Address:** 38000 Grand River Ave, Farmington, MI, 48335-1508
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Jobs reported:** 120
## 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*