# PPP loan: ALPINE BUICK GMC SOUTH
> **$736K** approved 04/07/2020 · Paid in Full · Loan `7023377005`
## Borrower
- **Name:** ALPINE BUICK GMC SOUTH
- **Address:** 1313 Motor City Drive, COLORADO SPRINGS, CO, 80905-7316
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $736K
- **Initial approval:** $736K
- **Forgiven:** $746K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $552K
- **Mortgage interest:** $179K
- **Utilities:** $5K
- **Jobs reported:** 46
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*