# PPP loan: MCGAVOCK NISSAN OF AMARILLO, LP
> **$629K** approved 04/07/2020 · Paid in Full · Loan `7431387007`
## Borrower
- **Name:** MCGAVOCK NISSAN OF AMARILLO, LP
- **Address:** 4700 South Soncy Rd, AMARILLO, TX, 79119-6387
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $629K
- **Initial approval:** $629K
- **Forgiven:** $633K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $472K
- **Rent:** $157K
- **Jobs reported:** 46
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*