# PPP loan: BILL JACKSON CHEVROLET-CADILLAC-BUICK-GMC, INC.
> **$337K** approved 04/06/2020 · Paid in Full · Loan `6083587006`
## Borrower
- **Name:** BILL JACKSON CHEVROLET-CADILLAC-BUICK-GMC, INC.
- **Address:** 152 US HIGHWAY 231, TROY, AL, 36081-1767
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $50K
- **Utilities:** $6K
- **Debt interest:** $11K
- **Jobs reported:** 38
## Lender
- **Originating:** Troy Bank & Trust Company
- **Servicing:** Troy Bank & Trust Company (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*