# PPP loan: FREMONT AUTOMOTIVE RETAILING GROUP, INC
> **$2.49M** approved 04/10/2020 · Paid in Full · Loan `2004727103`
## Borrower
- **Name:** FREMONT AUTOMOTIVE RETAILING GROUP, INC
- **Address:** 5850 Cushing Parkway, FREMONT, CA, 94538-3291
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.49M
- **Initial approval:** $2.49M
- **Forgiven:** $2.52M (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.49M
- **Jobs reported:** 157
## 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*