# PPP loan: SAN FERNANDO VALLEY AUTOMOTIVE GROUP
> **$2.35M** approved 04/11/2020 · Paid in Full · Loan `3629797107`
## Borrower
- **Name:** SAN FERNANDO VALLEY AUTOMOTIVE GROUP
- **Address:** 18600 Devonshire St, NORTHRIDGE, CA, 91324-1309
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.35M
- **Initial approval:** $2.35M
- **Forgiven:** $2.38M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.77M
- **Rent:** $294K
- **Utilities:** $294K
- **Jobs reported:** 179
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*