# PPP loan: AAA CAB SERVICES INC
> **$1.94M** approved 04/30/2020 · Paid in Full · Loan `7040627304`
## Borrower
- **Name:** AAA CAB SERVICES INC
- **Address:** 4525 East University Drive, Phoenix, AZ, 85034
- **NAICS:** 485310
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $1.94M
- **Forgiven:** $1.97M (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.78M
- **Rent:** $58K
- **Utilities:** $19K
- **Health care:** $78K
- **Debt interest:** $3K
- **Jobs reported:** 318
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*