# PPP loan: SANTA MONICA AUTO DEALERS, INC.
> **$289K** approved 05/02/2020 · Paid in Full · Loan `9540987302`
## Borrower
- **Name:** SANTA MONICA AUTO DEALERS, INC.
- **Address:** 3212 Santa Monica Blvd, SANTA MONICA, CA, 90404
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Jobs reported:** 23
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*