# PPP loan: BERGEY'S GMC, INC.
> **$2.56M** approved 04/13/2020 · Paid in Full · Loan `4220197103`
## Borrower
- **Name:** BERGEY'S GMC, INC.
- **Address:** 446 Harleysville Pike, SOUDERTON, PA, 18964-2190
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.56M
- **Initial approval:** $2.56M
- **Forgiven:** $2.59M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.56M
- **Jobs reported:** 265
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*