# PPP loan: WESTBORN CHRYSLER JEEP INC
> **$716K** approved 03/18/2021 · Paid in Full · Loan `4494788608`
## Borrower
- **Name:** WESTBORN CHRYSLER JEEP INC
- **Address:** 23300 Michigan Ave, Dearborn, MI, 48124-2030
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $716K
- **Initial approval:** $716K
- **Forgiven:** $722K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $716K
- **Utilities:** $1
- **Jobs reported:** 47
## 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*