# PPP loan: AMERICAN CHEVROLET OF MODESTO, INC.
> **$1.36M** approved 04/27/2020 · Paid in Full · Loan `3870937206`
## Borrower
- **Name:** AMERICAN CHEVROLET OF MODESTO, INC.
- **Address:** 4742 McHenry Avenue, Modesto, CA, 95356-9523
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.36M
- **Jobs reported:** 96
## Lender
- **Originating:** BAC Community Bank
- **Servicing:** BAC Community Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*