# PPP loan: CERRITOS INFINITI, INC.
> **$935K** approved 04/29/2020 · Paid in Full · Loan `2934727306`
## Borrower
- **Name:** CERRITOS INFINITI, INC.
- **Address:** 1901 183RD ST, CERRITOS, CA, 90703-5333
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $935K
- **Initial approval:** $935K
- **Forgiven:** $950K (102%)
- **Forgiveness date:** 12/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $748K
- **Mortgage interest:** $187K
- **Jobs reported:** 92
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*