# PPP loan: SCHEPEL BUICK-GMC, INC.
> **$2.45M** approved 04/07/2020 · Paid in Full · Loan `6979037008`
## Borrower
- **Name:** SCHEPEL BUICK-GMC, INC.
- **Address:** 3209 W Lincoln Highway, MERRILLVILLE, IN, 46410-5150
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.45M
- **Initial approval:** $2.45M
- **Forgiven:** $2.48M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.45M
- **Jobs reported:** 158
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*