# PPP loan: GROSSMAN CHEVROLET NISSAN GEO INC
> **$626K** approved 02/05/2021 · Paid in Full · Loan `4054648401`
## Borrower
- **Name:** GROSSMAN CHEVROLET NISSAN GEO INC
- **Address:** 300 Middlesex Tpke, Old Saybrook, CT, 06475-4208
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $626K
- **Initial approval:** $626K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $626K
- **Jobs reported:** 42
## Lender
- **Originating:** The Guilford Savings Bank
- **Servicing:** The Guilford Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*