# PPP loan: AMESBURY CHEVROLET, INC.
> **$541K** approved 04/27/2020 · Paid in Full · Loan `5530787201`
## Borrower
- **Name:** AMESBURY CHEVROLET, INC.
- **Address:** 103 Macy St, Amesbury, MA, 01913
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $548K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $541K
- **Jobs reported:** 45
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*