# PPP loan: B &B CHRYSLER DODGE JEEP RAM
> **$295K** approved 04/05/2020 · Paid in Full · Loan `5510827007`
## Borrower
- **Name:** B &B CHRYSLER DODGE JEEP RAM
- **Address:** 125 Grandview Ave, HONESDALE, PA, 18431-1119
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Rent:** $25K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 35
## Lender
- **Originating:** Wayne Bank
- **Servicing:** Wayne Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*