# PPP loan: EURO MOTORCARS MAIN LINE, LLC
> **$1.74M** approved 04/15/2020 · Paid in Full · Loan `8067387102`
## Borrower
- **Name:** EURO MOTORCARS MAIN LINE, LLC
- **Address:** 225 Bala Avenue, Bala Cynwyd, PA, 19004
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.54M (88%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Rent:** $280K
- **Utilities:** $70K
- **Health care:** $158K
- **Jobs reported:** 111
## 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) · MORVS · CC0 1.0*