# PPP loan: TOWNE CHRYSLER JEEP DODGE INC.
> **$670K** approved 04/13/2020 · Paid in Full · Loan `5555957102`
## Borrower
- **Name:** TOWNE CHRYSLER JEEP DODGE INC.
- **Address:** 5130 Camp Rd., HAMBURG, NY, 14075-2704
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $670K
- **Initial approval:** $670K
- **Forgiven:** $679K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Rent:** $60K
- **Utilities:** $15K
- **Health care:** $40K
- **Jobs reported:** 50
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*