# PPP loan: PARK PLACE MOTORS LTD
> **$843K** approved 04/09/2020 · Paid in Full · Loan `9816287001`
## Borrower
- **Name:** PARK PLACE MOTORS LTD
- **Address:** 1880 136th Pl NE, BELLEVUE, WA, 98005-2319
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $843K
- **Initial approval:** $843K
- **Forgiven:** $854K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $818K
- **Rent:** $20K
- **Utilities:** $5K
- **Jobs reported:** 65
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*