# PPP loan: GLASSMAN AUTOMOTIVE GROUP, INC.
> **$1.24M** approved 04/11/2020 · Paid in Full · Loan `2599987109`
## Borrower
- **Name:** GLASSMAN AUTOMOTIVE GROUP, INC.
- **Address:** 28000 Telegraph Rd., SOUTHFIELD, MI, 48034-1943
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $285K
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Jobs reported:** 83
## 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*