# PPP loan: SOCAL AUTO GROUP
> **$170K** approved 06/22/2020 · Exemption 4 · Loan `1379138003`
## Borrower
- **Name:** SOCAL AUTO GROUP
- **Address:** 6955 Reseda Blvd, Reseda, CA, 91335
- **NAICS:** 441120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $10K (6%)
- **Forgiveness date:** 06/11/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $20K
- **Jobs reported:** 1
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*