# PPP loan: CONCORD AUTOMOTIVE SALES AND SERVICE, INC.
> **$612K** approved 04/10/2020 · Paid in Full · Loan `1983897106`
## Borrower
- **Name:** CONCORD AUTOMOTIVE SALES AND SERVICE, INC.
- **Address:** 1340 Concord Ave, CONCORD, CA, 94520-4908
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $612K
- **Initial approval:** $612K
- **Forgiven:** $619K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $612K
- **Jobs reported:** 39
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*