# PPP loan: KOEPPEL NISSAN INC.
> **$1.62M** approved 01/26/2021 · Paid in Full · Loan `6025998303`
## Borrower
- **Name:** KOEPPEL NISSAN INC.
- **Address:** 7415 Northern Blvd, Jackson Heights, NY, 11372-1146
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.62M
- **Utilities:** $1
- **Jobs reported:** 116
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*