# PPP loan: MARTY FELDMAN CHEVROLET, INC
> **$1.51M** approved 04/10/2020 · Paid in Full · Loan `1458907109`
## Borrower
- **Name:** MARTY FELDMAN CHEVROLET, INC
- **Address:** 42355 Grand River Avenue 0.0, Novi, MI, 48375-1839
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Mortgage interest:** $36K
- **Utilities:** $25K
- **Health care:** $38K
- **Debt interest:** $280K
- **Jobs reported:** 107
## 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*