# PPP loan: RAYMOND CHEVROLET, INC.
> **$1.65M** approved 04/10/2020 · Paid in Full · Loan `2023087107`
## Borrower
- **Name:** RAYMOND CHEVROLET, INC.
- **Address:** 118 Route 173, ANTIOCH, IL, 60002-1832
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.67M (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.65M
- **Jobs reported:** 119
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*