# PPP loan: CHAPEL HILL TIRE COMPANY, INC.
> **$1.32M** approved 04/08/2020 · Paid in Full · Loan `7733727008`
## Borrower
- **Name:** CHAPEL HILL TIRE COMPANY, INC.
- **Address:** 502 W Franklin St., CHAPEL HILL, NC, 27516-2317
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Jobs reported:** 120
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** BayFirst National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*