# PPP loan: AUTO SQUARE AUTOS, INC
> **$982K** approved 04/09/2020 · Paid in Full · Loan `1002907100`
## Borrower
- **Name:** AUTO SQUARE AUTOS, INC
- **Address:** 18827 STUDEBAKER RD, CERRITOS, CA, 90703-5332
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $982K
- **Initial approval:** $982K
- **Forgiven:** $993K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $737K
- **Rent:** $98K
- **Utilities:** $49K
- **Debt interest:** $98K
- **Jobs reported:** 88
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*