# PPP loan: YOUNG CHEVROLET COMPANY
> **$1.50M** approved 04/10/2020 · Paid in Full · Loan `1416357101`
## Borrower
- **Name:** YOUNG CHEVROLET COMPANY
- **Address:** 645 N Main, LAYTON, UT, 84041
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Jobs reported:** 174
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*