# PPP loan: PLAZA MOTORS
> **$1.77M** approved 04/13/2020 · Paid in Full · Loan `5389387101`
## Borrower
- **Name:** PLAZA MOTORS
- **Address:** 68111 E PALM CANYON DR, CATHEDRAL CITY, CA, 92234-5408
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.79M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Rent:** $160K
- **Utilities:** $44K
- **Health care:** $148K
- **Jobs reported:** 114
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*