# PPP loan: MIKE REED CHEVROLET INC.
> **$442K** approved 02/05/2021 · Paid in Full · Loan `4013638402`
## Borrower
- **Name:** MIKE REED CHEVROLET INC.
- **Address:** 1559 E Oglethorpe Hwy, Hinesville, GA, 31313-1209
- **NAICS:** 423110
- **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:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $442K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Heritage Bank, A Division of The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*