# PPP loan: TOWNE CHEVROLET BUICK CADILLAC, INC
> **$300K** approved 04/13/2020 · Paid in Full · Loan `4203147108`
## Borrower
- **Name:** TOWNE CHEVROLET BUICK CADILLAC, INC
- **Address:** 11208 Gowanda State Road, NORTH COLLINS, NY, 14111-9612
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $33K
- **Utilities:** $10K
- **Health care:** $75K
- **Jobs reported:** 30
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*