# PPP loan: SUTHERLAND CHEVEROLET INC
> **$536K** approved 04/06/2020 · Paid in Full · Loan `6000297008`
## Borrower
- **Name:** SUTHERLAND CHEVEROLET INC
- **Address:** 1060 NORTH MAIN ST, NICHOLASVILLE, KY, 40356-2311
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $540K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $402K
- **Mortgage interest:** $67K
- **Utilities:** $67K
- **Jobs reported:** 36
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*