# PPP loan: CHAMBERS MOTORS INC
> **$633K** approved 04/30/2020 · Paid in Full · Loan `6053567304`
## Borrower
- **Name:** CHAMBERS MOTORS INC
- **Address:** 20610 SUSSEX HWY PO Box 494, SEAFORD, DE, 19973-5684
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $633K
- **Initial approval:** $633K
- **Forgiven:** $641K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $633K
- **Jobs reported:** 42
## Lender
- **Originating:** Shore United Bank, National Association
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*