# PPP loan: SUBURBAN MOTORS INC
> **$2.48M** approved 04/14/2020 · Paid in Full · Loan `6361387104`
## Borrower
- **Name:** SUBURBAN MOTORS INC
- **Address:** 4625 Madison Ave, SACRAMENTO, CA, 95841-2514
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.48M
- **Initial approval:** $2.48M
- **Forgiven:** $2.50M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.48M
- **Jobs reported:** 201
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*