# PPP loan: ALLEN FAMILY AUTOMOTIVE GROUP, INC
> **$1.70M** approved 04/11/2020 · Paid in Full · Loan `3409497109`
## Borrower
- **Name:** ALLEN FAMILY AUTOMOTIVE GROUP, INC
- **Address:** 28332 CAMINO CAPISTRANO, LAGUNA NIGUEL, CA, 92677-1139
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.70M
- **Initial approval:** $1.70M
- **Forgiven:** $1.31M (77%)
- **Forgiveness date:** 12/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.27M
- **Rent:** $212K
- **Utilities:** $212K
- **Jobs reported:** 65
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*