# PPP loan: MOREHART CHEVROLET CO.
> **$1.26M** approved 04/04/2020 · Paid in Full · Loan `4868277008`
## Borrower
- **Name:** MOREHART CHEVROLET CO.
- **Address:** 31 PARKER AVE, DURANGO, CO, 81303-7978
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Jobs reported:** 91
## Lender
- **Originating:** Bank of Colorado
- **Servicing:** Bank of Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*