# PPP loan: HAIMS MOTORS INC.
> **$612K** approved 04/27/2020 · Paid in Full · Loan `3877847206`
## Borrower
- **Name:** HAIMS MOTORS INC.
- **Address:** 2840 North State Road 7, HOLLYWOOD, FL, 33021-2707
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $612K
- **Initial approval:** $612K
- **Forgiven:** $620K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $612K
- **Jobs reported:** 50
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*