# PPP loan: HEINRICH CHEVROLET CORPORATION
> **$896K** approved 04/15/2020 · Paid in Full · Loan `1009987203`
## Borrower
- **Name:** HEINRICH CHEVROLET CORPORATION
- **Address:** 5775 South Transit Road, Lockport, NY, 14094
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $896K
- **Initial approval:** $896K
- **Forgiven:** $904K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $626K
- **Rent:** $90K
- **Utilities:** $20K
- **Health care:** $60K
- **Debt interest:** $100K
- **Jobs reported:** 74
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*