# PPP loan: SHEPHERD'S CHEVROLET INCORPORATED
> **$298K** approved 04/06/2020 · Paid in Full · Loan `6352347003`
## Borrower
- **Name:** SHEPHERD'S CHEVROLET INCORPORATED
- **Address:** 1002 STATE ROAD 114 W, NORTH MANCHESTER, IN, 46962-1948
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $37K
- **Utilities:** $48K
- **Health care:** $15K
- **Debt interest:** $10K
- **Jobs reported:** 27
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*