# PPP loan: KOLAR CHEVROLET-BUICK-GMC, LLC
> **$1.16M** approved 04/09/2020 · Paid in Full · Loan `1085067102`
## Borrower
- **Name:** KOLAR CHEVROLET-BUICK-GMC, LLC
- **Address:** 4770 West Arrowhead Road, HERMANTOWN, MN, 55811-3900
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Rent:** $102K
- **Utilities:** $1K
- **Jobs reported:** 83
## Lender
- **Originating:** National Bank of Commerce
- **Servicing:** National Bank of Commerce (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*