# PPP loan: MIDPOINT CHEVROLETY PONTIAC BUICK GMC TRUCKS INC
> **$302K** approved 04/07/2020 · Paid in Full · Loan `6886187008`
## Borrower
- **Name:** MIDPOINT CHEVROLETY PONTIAC BUICK GMC TRUCKS INC
- **Address:** 17801 Virgil H. Goode Hwy, ROCKY MOUNT, VA, 24151-6731
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Rent:** $54K
- **Mortgage interest:** $3K
- **Utilities:** $9K
- **Jobs reported:** 27
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*