# PPP loan: POMPANO AUTO RADIO AIR TIRES INC
> **$220K** approved 06/17/2020 · Exemption 4 · Loan `7521207907`
## Borrower
- **Name:** POMPANO AUTO RADIO AIR TIRES INC
- **Address:** 2701 N. DIXIE HWY, POMPANO BEACH, FL, 33064-4504
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $10K (5%)
- **Forgiveness date:** 12/02/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 5
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*