# PPP loan: SMEDLEY CHEVROLET SALES, INC.
> **$660K** approved 04/13/2020 · Paid in Full · Loan `4279337102`
## Borrower
- **Name:** SMEDLEY CHEVROLET SALES, INC.
- **Address:** 850 W NATIONAL RD, VANDALIA, OH, 45377-1016
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $666K (101%)
- **Forgiveness date:** 03/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $660K
- **Jobs reported:** 70
## 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*