# PPP loan: AMERICAN SCOOTER & CYCLE RENTAL INC
> **$876K** approved 05/01/2020 · Charged Off · Loan `5384597705`
## Borrower
- **Name:** AMERICAN SCOOTER & CYCLE RENTAL INC
- **Address:** 2715 HYDE STREET, SAN FRANCISCO, CA, 94941
- **NAICS:** 532292
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $876K
- **Initial approval:** $876K
- **Forgiven:** $717K (82%)
- **Forgiveness date:** 05/08/2023
- **Status:** Charged Off
- **Term:** 132 months
## Use of funds
- **Payroll:** $876K
- **Jobs reported:** 40
## 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*