# PPP loan: CONNELL CHEVROLET
> **$1.35M** approved 04/27/2020 · Paid in Full · Loan `3534607202`
## Borrower
- **Name:** CONNELL CHEVROLET
- **Address:** 2828 HARBOR BLVD, COSTA MESA, CA, 92626-3911
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Jobs reported:** 110
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*