# PPP loan: JIM MATTHEWS CHEVROLET, INC.
> **$457K** approved 04/09/2020 · Paid in Full · Loan `1033907103`
## Borrower
- **Name:** JIM MATTHEWS CHEVROLET, INC.
- **Address:** 3733 Old Vestal Rd. Vestal, NY 13850-2228 0.0, Vestal, NY, 13850-2228
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $457K
- **Initial approval:** $457K
- **Forgiven:** $464K (101%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $352K
- **Rent:** $40K
- **Utilities:** $4K
- **Health care:** $12K
- **Debt interest:** $50K
- **Jobs reported:** 44
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*