# PPP loan: KIMS AUTOMOTIVE INC
> **$399K** approved 04/09/2020 · Paid in Full · Loan `9529287009`
## Borrower
- **Name:** KIMS AUTOMOTIVE INC
- **Address:** 2516 HIGHWAY 15 N, LAUREL, MS, 39440-1827
- **NAICS:** 811198
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Utilities:** $51K
- **Health care:** $13K
- **Jobs reported:** 45
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*