# PPP loan: SPRINGHILL AUTOMOTIVE INC
> **$1.63M** approved 04/09/2020 · Paid in Full · Loan `9775947001`
## Borrower
- **Name:** SPRINGHILL AUTOMOTIVE INC
- **Address:** 3062 GOVERNMENT BLVD, MOBILE, AL, 36606-2614
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.63M
- **Jobs reported:** 146
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*