# PPP loan: UNICARS, INC.
> **$1.15M** approved 04/14/2020 · Paid in Full · Loan `5771347101`
## Borrower
- **Name:** UNICARS, INC.
- **Address:** 78970 VARNER RD, INDIO, CA, 92203-9710
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $916K
- **Mortgage interest:** $229K
- **Jobs reported:** 93
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*