# PPP loan: BOB JOHNSTON CHEVROLET
> **$201K** approved 04/07/2020 · Paid in Full · Loan `7029057004`
## Borrower
- **Name:** BOB JOHNSTON CHEVROLET
- **Address:** 3299 HIGHWAY 51 S, COVINGTON, TN, 38019-3661
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Jobs reported:** 23
## Lender
- **Originating:** The Citizens National Bank of Meridian
- **Servicing:** The Citizens National Bank of Meridian (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*