# PPP loan: EL CAJON MOTORS
> **$1.30M** approved 04/10/2020 · Paid in Full · Loan `2404177103`
## Borrower
- **Name:** EL CAJON MOTORS
- **Address:** 1595 E Main St., EL CAJON, CA, 92021-5902
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.30M
- **Jobs reported:** 103
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*