# PPP loan: VAUGHN CHEVROLET
> **$763K** approved 04/06/2020 · Paid in Full · Loan `5926447004`
## Borrower
- **Name:** VAUGHN CHEVROLET
- **Address:** 1311 Vaughn  Drive, OTTUMWA, IA, 52501-8898
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $763K
- **Initial approval:** $763K
- **Forgiven:** $768K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $763K
- **Jobs reported:** 69
## Lender
- **Originating:** South Ottumwa Savings Bank
- **Servicing:** South Ottumwa Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*