# PPP loan: CHERRY HILL VOLVO
> **$612K** approved 02/19/2021 · Paid in Full · Loan `1567008508`
## Borrower
- **Name:** CHERRY HILL VOLVO
- **Address:** 1810 Route 70 W 1810 Route 70 W, Cherry Hill, NJ, 08002-3205
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $612K
- **Initial approval:** $612K
- **Forgiven:** $617K (101%)
- **Forgiveness date:** 11/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $612K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*