# PPP loan: ROEM AUTOMOTIVE
> **$538K** approved 01/19/2021 · Exemption 4 · Loan `1613888309`
## Borrower
- **Name:** ROEM AUTOMOTIVE
- **Address:** 730 W 17th St, Costa Mesa, CA, 92627-4307
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $487K (91%)
- **Forgiveness date:** 01/24/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $537K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Endeavor Bank
- **Servicing:** Endeavor Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*