# PPP loan: RICHARDSON CHEVROLET BUICK, INC
> **$499K** approved 04/14/2020 · Paid in Full · Loan `7130557104`
## Borrower
- **Name:** RICHARDSON CHEVROLET BUICK, INC
- **Address:** 501 N MAIN STREET, STANDISH, MI, 48658-0001
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $492K
- **Utilities:** $7K
- **Jobs reported:** 49
## Lender
- **Originating:** Huron Community Bank
- **Servicing:** Huron Community Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*