# PPP loan: GEORGE COLEMAN MOTOR COMPANY, INC
> **$517K** approved 04/09/2020 · Paid in Full · Loan `9609097000`
## Borrower
- **Name:** GEORGE COLEMAN MOTOR COMPANY, INC
- **Address:** PO BOX 518, TRAVELERS REST, SC, 29690-0518
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $517K
- **Initial approval:** $517K
- **Forgiven:** $520K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $460K
- **Rent:** $27K
- **Utilities:** $14K
- **Health care:** $16K
- **Jobs reported:** 43
## Lender
- **Originating:** The Peoples Bank
- **Servicing:** The Peoples Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*