# PPP loan: LOCHMANDY LOWERY DEALER DEVELOPMENT LLC
> **$175K** approved 04/13/2020 · Paid in Full · Loan `5333997108`
## Borrower
- **Name:** LOCHMANDY LOWERY DEALER DEVELOPMENT LLC
- **Address:** 920 N NAPPANEE ST, ELKHART, IN, 46514-1248
- **NAICS:** 441120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 23
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*