# PPP loan: SIMMS CHEVROLET CO.
> **$635K** approved 03/24/2021 · Paid in Full · Loan `8019678609`
## Borrower
- **Name:** SIMMS CHEVROLET CO.
- **Address:** 4220 W Vienna Rd, Clio, MI, 48420-9454
- **NAICS:** 441110
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $635K
- **Initial approval:** $635K
- **Forgiven:** $638K (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $635K
- **Jobs reported:** 52
## 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*