# PPP loan: JACK PHELAN CHEVROLET INC
> **$762K** approved 04/15/2020 · Paid in Full · Loan `2017847201`
## Borrower
- **Name:** JACK PHELAN CHEVROLET INC
- **Address:** 4000 S. Harlem Ave., LYONS, IL, 60534-1439
- **NAICS:** 531190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $762K
- **Initial approval:** $762K
- **Forgiven:** $772K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $762K
- **Jobs reported:** 64
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*