# PPP loan: ALBUQUERQUE DEALERSHIP ACQUISITION, LTD, A LIMITED PARTNERSH
> **$1.06M** approved 04/07/2020 · Paid in Full · Loan `7598837002`
## Borrower
- **Name:** ALBUQUERQUE DEALERSHIP ACQUISITION, LTD, A LIMITED PARTNERSH
- **Address:** 8920 Pan American Way FWY NE, ALBUQUERQUE, NM, 87113
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $796K
- **Rent:** $133K
- **Utilities:** $133K
- **Jobs reported:** 88
## 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*