# PPP loan: EXECUTIVE CAR RENTAL INC
> **$294K** approved 04/28/2020 · Paid in Full · Loan `7105217203`
## Borrower
- **Name:** EXECUTIVE CAR RENTAL INC
- **Address:** 2387 E 8 Mile Rd, Warren, MI, 48091
- **NAICS:** 532111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Jobs reported:** 32
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*