# PPP loan: ALMA AUTOSALES COMPANY, INC
> **$197K** approved 04/07/2020 · Paid in Full · Loan `6576047006`
## Borrower
- **Name:** ALMA AUTOSALES COMPANY, INC
- **Address:** 2051 W MONROE RD, ALMA, MI, 48801-9762
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $45K
- **Utilities:** $4K
- **Jobs reported:** 31
## Lender
- **Originating:** Isabella Bank
- **Servicing:** Isabella Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*