# PPP loan: CHERRY HILL VOLVO
> **$618K** approved 04/07/2020 · Paid in Full · Loan `7283057010`
## Borrower
- **Name:** CHERRY HILL VOLVO
- **Address:** 1810 Marlton Pike West, CHERRY HILL, NJ, 08002
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $618K
- **Initial approval:** $618K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $618K
- **Jobs reported:** 48
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*