# PPP loan: PREMIER AUTO CREDIT
> **$1.12M** approved 04/14/2020 · Exemption 4 · Loan `7905847104`
## Borrower
- **Name:** PREMIER AUTO CREDIT
- **Address:** 6502 Van Nuys Blvd., VAN NUYS, CA, 91401-1424
- **NAICS:** 522220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $2.20M
- **Status:** Exemption 4
- **Term:** 2 months
## Use of funds
- **Payroll:** $790K
- **Rent:** $65K
- **Utilities:** $27K
- **Health care:** $90K
- **Debt interest:** $146K
- **Jobs reported:** 80
## Lender
- **Originating:** Commercial Bank of California
- **Servicing:** Commercial Bank of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*