# PPP loan: RAND CHEVROLET INC
> **$528K** approved 04/12/2020 · Paid in Full · Loan `4130247101`
## Borrower
- **Name:** RAND CHEVROLET INC
- **Address:** 2 Automotive Blvd, Elkton, MD, 21921-6375
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $528K
- **Initial approval:** $528K
- **Forgiven:** $532K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Mortgage interest:** $66K
- **Utilities:** $66K
- **Jobs reported:** 36
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*