# PPP loan: GERALD NISSAN INC
> **$994K** approved 04/14/2020 · Paid in Full · Loan `7419057108`
## Borrower
- **Name:** GERALD NISSAN INC
- **Address:** 1575 W Ogden ave, NAPERVILLE, IL, 60540
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $994K
- **Initial approval:** $994K
- **Forgiven:** $1.01M (102%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $745K
- **Mortgage interest:** $124K
- **Utilities:** $124K
- **Jobs reported:** 60
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*