# PPP loan: JEFF PERRY BUICK GMC, INC.
> **$557K** approved 04/14/2020 · Paid in Full · Loan `6917157101`
## Borrower
- **Name:** JEFF PERRY BUICK GMC, INC.
- **Address:** 1421 37TH ST, PERU, IL, 61354-1139
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $557K
- **Initial approval:** $557K
- **Forgiven:** $560K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $471K
- **Rent:** $40K
- **Utilities:** $46K
- **Jobs reported:** 46
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*