# PPP loan: SHEPHERD'S CHEVROLET BUICK INCORPORATED
> **$271K** approved 04/06/2020 · Paid in Full · Loan `6364487007`
## Borrower
- **Name:** SHEPHERD'S CHEVROLET BUICK INCORPORATED
- **Address:** 1520 E 9TH ST, ROCHESTER, IN, 46975-8903
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $32K
- **Utilities:** $11K
- **Health care:** $20K
- **Debt interest:** $36K
- **Jobs reported:** 19
## 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*