# PPP loan: S&M AUTOMOTIVE GROUP LLC
> **$243K** approved 02/16/2021 · Paid in Full · Loan `9119128403`
## Borrower
- **Name:** S&M AUTOMOTIVE GROUP LLC
- **Address:** 7061 W Galveston St, Chandler, AZ, 85226-2404
- **NAICS:** 811121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 02/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Utilities:** $1
- **Jobs reported:** 19
## 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*