# PPP loan: GRESHAM AUTOMOTIVE, INC.
> **$867K** approved 04/05/2020 · Paid in Full · Loan `5481967003`
## Borrower
- **Name:** GRESHAM AUTOMOTIVE, INC.
- **Address:** 1999 E POWELL BLVD, GRESHAM, OR, 97080-8047
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $867K
- **Initial approval:** $867K
- **Forgiven:** $876K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $650K
- **Rent:** $217K
- **Jobs reported:** 67
## Lender
- **Originating:** Riverview Bank
- **Servicing:** Riverview Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*