# PPP loan: OUTTEN CHEVROLET, INC.
> **$408K** approved 04/13/2020 · Paid in Full · Loan `4735907101`
## Borrower
- **Name:** OUTTEN CHEVROLET, INC.
- **Address:** 1701 W Tilghman St, ALLENTOWN, PA, 18104-4158
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Jobs reported:** 34
## 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*