# PPP loan: PARAMOUNT MOTORS OF SANTA FE, LLC
> **$277K** approved 04/11/2020 · Paid in Full · Loan `3217837110`
## Borrower
- **Name:** PARAMOUNT MOTORS OF SANTA FE, LLC
- **Address:** 2721 CERRILLOS RD, SANTA FE, NM, 87507-2312
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $222K
- **Mortgage interest:** $55K
- **Jobs reported:** 25
## 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*