# PPP loan: MIDDLETOWN NISSAN, INC.
> **$825K** approved 04/10/2020 · Paid in Full · Loan `2492707106`
## Borrower
- **Name:** MIDDLETOWN NISSAN, INC.
- **Address:** 4961 NY-17M, NEW HAMPTON, NY, 10958-4807
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $831K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $825K
- **Jobs reported:** 52
## 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*