# PPP loan: GUNN BUICK-GMC, LTD
> **$861K** approved 04/06/2020 · Paid in Full · Loan `6188927008`
## Borrower
- **Name:** GUNN BUICK-GMC, LTD
- **Address:** 16440 IH 35 NORTH, SCHERTZ, TX, 78154
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $861K
- **Initial approval:** $861K
- **Forgiven:** $866K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $645K
- **Mortgage interest:** $129K
- **Utilities:** $86K
- **Jobs reported:** 68
## Lender
- **Originating:** Texas Partners Bank
- **Servicing:** Texas Partners Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*