# PPP loan: AMERICAN SCOOTER & CYCLE RENTAL INC
> **$937K** approved 02/17/2021 · Exemption 4 · Loan `9660518400`
## Borrower
- **Name:** AMERICAN SCOOTER & CYCLE RENTAL INC
- **Address:** 2715 Hyde St, San Francisco, CA, 94109-1222
- **NAICS:** 532284
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $937K
- **Initial approval:** $937K
- **Forgiven:** $712K (76%)
- **Forgiveness date:** 06/02/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $937K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*