# PPP loan: MITCHELL NISSAN INC.
> **$712K** approved 04/07/2020 · Paid in Full · Loan `7248677002`
## Borrower
- **Name:** MITCHELL NISSAN INC.
- **Address:** 1640 E. PARK AVE, ENTERPRISE, AL, 36330-4276
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $712K
- **Initial approval:** $712K
- **Forgiven:** $718K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $712K
- **Jobs reported:** 59
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*