AFFORDABLE AUTO SALES INC (NV) - 2020 PPP Loan Borrower Profile (# 7516307701)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFFORDABLE AUTO SALES INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Nevada.

Loan Detail

Loan Number

7516307701

SBA Office Code

0944

Processing Method

PPP

Curent Loan Amount

$332,902

Date Loan was Approved

May 1, 2020

Amount Forgiven

$335,025.94

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

332,902

Lender

U.S. Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

441310

Borrower Location

RENO, NV

Project Location

RENO, NV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.