# PPP loan: CLASSIC PARKING INC
> **$2.90M** approved 05/01/2020 · Exemption 4 · Loan `4511947702`
## Borrower
- **Name:** CLASSIC PARKING INC
- **Address:** 3208 ROYAL ST., LOS ANGELES, CA, 90007
- **NAICS:** 812930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.90M
- **Initial approval:** $2.90M
- **Forgiven:** $2.01M (69%)
- **Forgiveness date:** 11/08/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.90M
- **Jobs reported:** 500
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*