# PPP loan: AMERICAN IMPORT CAR SALES, INC.
> **$1.05M** approved 04/30/2020 · Paid in Full · Loan `5501677302`
## Borrower
- **Name:** AMERICAN IMPORT CAR SALES, INC.
- **Address:** 1640 S STATE ROAD 7, HOLLYWOOD, FL, 33023-6704
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Jobs reported:** 71
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*