# PPP loan: NIMNICHT CHEVROLET COMPANY
> **$3.08M** approved 04/13/2020 · Paid in Full · Loan `4587597101`
## Borrower
- **Name:** NIMNICHT CHEVROLET COMPANY
- **Address:** 1550 CASSAT AVE, JACKSONVILLE, FL, 32210-1733
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.08M
- **Initial approval:** $3.08M
- **Forgiven:** $3.16M (102%)
- **Forgiveness date:** 10/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.57M
- **Rent:** $9K
- **Mortgage interest:** $14K
- **Utilities:** $25K
- **Health care:** $209K
- **Debt interest:** $254K
- **Jobs reported:** 215
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*