# PPP loan: RALLYE AUTOMOTIVE, LLC
> **$424K** approved 04/07/2020 · Paid in Full · Loan `7302867002`
## Borrower
- **Name:** RALLYE AUTOMOTIVE, LLC
- **Address:** 765 MEMORIAL DR, CHICOPEE, MA, 01020-5022
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $424K
- **Initial approval:** $424K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $424K
- **Jobs reported:** 27
## Lender
- **Originating:** Westfield Bank
- **Servicing:** Westfield Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*