# PPP loan: GEORGE WHITE CHEVROLET, INC.
> **$686K** approved 04/04/2020 · Paid in Full · Loan `4675347009`
## Borrower
- **Name:** GEORGE WHITE CHEVROLET, INC.
- **Address:** 1719 S High Street, AMES, IA, 50010-8079
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $686K
- **Initial approval:** $686K
- **Forgiven:** $693K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $515K
- **Rent:** $140K
- **Utilities:** $32K
- **Jobs reported:** 65
## Lender
- **Originating:** First National Bank Ames, Iowa
- **Servicing:** First National Bank Ames, Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*