# PPP loan: SAMES AUTOMOTIVE INC
> **$558K** approved 04/08/2020 · Paid in Full · Loan `8517377010`
## Borrower
- **Name:** SAMES AUTOMOTIVE INC
- **Address:** 6310 BOB BULLOCK LOOP, LAREDO, TX, 78041-2025
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $558K
- **Jobs reported:** 49
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*