# PPP loan: CARLSEN MOTOR CARS INCORPORATED
> **$924K** approved 04/29/2020 · Paid in Full · Loan `3087187302`
## Borrower
- **Name:** CARLSEN MOTOR CARS INCORPORATED
- **Address:** 3636 Haven Ave, Redwood City, CA, 94063-4604
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $924K
- **Initial approval:** $924K
- **Forgiven:** $934K (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $739K
- **Mortgage interest:** $185K
- **Jobs reported:** 48
## 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*