# PPP loan: KINGDOM CHEVROLET INC
> **$940K** approved 04/08/2020 · Paid in Full · Loan `7900657009`
## Borrower
- **Name:** KINGDOM CHEVROLET INC
- **Address:** 6603 S Western Ave, CHICAGO, IL, 60636-2412
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $940K
- **Initial approval:** $940K
- **Forgiven:** $952K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $705K
- **Mortgage interest:** $117K
- **Utilities:** $117K
- **Jobs reported:** 80
## Lender
- **Originating:** Beverly Bank & Trust Company, National Association
- **Servicing:** Beverly 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*