# PPP loan: WARREN CHEVROLET, INC
> **$1.15M** approved 04/03/2020 · Paid in Full · Loan `4550957000`
## Borrower
- **Name:** WARREN CHEVROLET, INC
- **Address:** 1703 Avenue of the Cities, EAST MOLINE, IL, 61244
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $943K
- **Rent:** $100K
- **Utilities:** $20K
- **Debt interest:** $90K
- **Jobs reported:** 89
## Lender
- **Originating:** IH Mississippi Valley Credit Union
- **Servicing:** IH Mississippi Valley Credit Union (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*