# PPP loan: AKRON AUTO AUCTION, INC
> **$995K** approved 04/09/2020 · Paid in Full · Loan `9511067004`
## Borrower
- **Name:** AKRON AUTO AUCTION, INC
- **Address:** 2471 LEY DR, COVENTRY TOWNSHIP, OH, 44319-1103
- **NAICS:** 425120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $995K
- **Initial approval:** $995K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $995K
- **Jobs reported:** 231
## Lender
- **Originating:** The Farmers National Bank of Canfield
- **Servicing:** The Farmers National Bank of Canfield (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*