# PPP loan: LIBERTY MOTORCAR INC
> **$385K** approved 04/09/2021 · Paid in Full · Loan `9745558705`
## Borrower
- **Name:** LIBERTY MOTORCAR INC
- **Address:** 81 Bay State Rd, Wakefield, MA, 01880-1045
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 03/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $385K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*