# PPP loan: DALE EARNHARDT CHEVROLET INC
> **$442K** approved 04/16/2020 · Paid in Full · Loan `3052287210`
## Borrower
- **Name:** DALE EARNHARDT CHEVROLET INC
- **Address:** 1774 HWY 16S, NEWTON, NC, 28658
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $442K
- **Initial approval:** $442K
- **Forgiven:** $445K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $442K
- **Jobs reported:** 52
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*