# PPP loan: UNIVERSAL CHEVROLET COMPANY
> **$407K** approved 04/15/2020 · Paid in Full · Loan `8492037103`
## Borrower
- **Name:** UNIVERSAL CHEVROLET COMPANY
- **Address:** 114 N Main St, WENDELL, NC, 27591
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $407K
- **Initial approval:** $407K
- **Forgiven:** $411K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $407K
- **Jobs reported:** 42
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*