# PPP loan: ED RINKE CHEVROLET BUICK GMC CO
> **$2.36M** approved 04/11/2020 · Paid in Full · Loan `3103787110`
## Borrower
- **Name:** ED RINKE CHEVROLET BUICK GMC CO
- **Address:** 26125 VAN DYKE AVE, CENTER LINE, MI, 48015-1280
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.36M
- **Initial approval:** $2.36M
- **Forgiven:** $2.38M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.36M
- **Jobs reported:** 208
## 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*