# PPP loan: RAY SKILLMAN GMC TRUCK, INC.
> **$4.22M** approved 04/10/2020 · Paid in Full · Loan `1420597106`
## Borrower
- **Name:** RAY SKILLMAN GMC TRUCK, INC.
- **Address:** 8424 US 31 S 0.0, Greenwood, IN, 46227-6230
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.22M
- **Initial approval:** $4.22M
- **Forgiven:** $4.28M (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.15M
- **Rent:** $100K
- **Utilities:** $445K
- **Health care:** $230K
- **Debt interest:** $300K
- **Jobs reported:** 312
## 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*