# PPP loan: HOMETOWN CHEVROLET BUICK GMC INC.
> **$276K** approved 04/29/2020 · Paid in Full · Loan `2747647300`
## Borrower
- **Name:** HOMETOWN CHEVROLET BUICK GMC INC.
- **Address:** 2009 BARNES ST, REIDSVILLE, NC, 27320-8148
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Jobs reported:** 23
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*