# PPP loan: MIKE ALSOP CHEVROLET BUICK LLC
> **$597K** approved 04/08/2020 · Paid in Full · Loan `8291907010`
## Borrower
- **Name:** MIKE ALSOP CHEVROLET BUICK LLC
- **Address:** 400 E PIKE ST, ATTICA, IN, 47918-1522
- **NAICS:** 441120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $597K
- **Initial approval:** $597K
- **Forgiven:** $600K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $25K
- **Mortgage interest:** $20K
- **Utilities:** $15K
- **Debt interest:** $37K
- **Jobs reported:** 37
## Lender
- **Originating:** The Riddell National Bank
- **Servicing:** The Riddell National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*