# PPP loan: RAINBOW CHRYSLER DODGE JEEP, LLC
> **$453K** approved 04/11/2020 · Paid in Full · Loan `3238797110`
## Borrower
- **Name:** RAINBOW CHRYSLER DODGE JEEP, LLC
- **Address:** 301 RIVER HIGHLANDS BLVD, COVINGTON, LA, 70433-7008
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $457K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $453K
- **Jobs reported:** 38
## 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*