# PPP loan: PARKWAY CHEVROLET, INC.
> **$2.11M** approved 04/14/2020 · Paid in Full · Loan `6731707102`
## Borrower
- **Name:** PARKWAY CHEVROLET, INC.
- **Address:** 25500 State Highway 249, TOMBALL, TX, 77375
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.11M
- **Initial approval:** $2.11M
- **Forgiven:** $2.13M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.58M
- **Rent:** $263K
- **Utilities:** $263K
- **Jobs reported:** 177
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*