# PPP loan: GRAFF CHEVROLET, INC
> **$842K** approved 04/14/2020 · Paid in Full · Loan `7477837104`
## Borrower
- **Name:** GRAFF CHEVROLET, INC
- **Address:** 3636 E. Wilder Road 0.0, Bay City, MI, 48706-2126
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $842K
- **Initial approval:** $842K
- **Forgiven:** $850K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $718K
- **Rent:** $68K
- **Utilities:** $22K
- **Health care:** $34K
- **Jobs reported:** 105
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*