# PPP loan: CAR SOUND EXHAUST SYSTEM INC.
> **$6.45M** approved 04/05/2020 · Paid in Full · Loan `5187697004`
## Borrower
- **Name:** CAR SOUND EXHAUST SYSTEM INC.
- **Address:** 1901 CORPORATE CTR, OCEANSIDE, CA, 92056-5831
- **NAICS:** 336390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.45M
- **Initial approval:** $6.45M
- **Forgiven:** $6.54M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.65M
- **Rent:** $600K
- **Utilities:** $600K
- **Health care:** $600K
- **Jobs reported:** 250
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*