# PPP loan: FRANK BOUCHER CHEVROLET, INC.
> **$936K** approved 04/08/2020 · Paid in Full · Loan `8725937006`
## Borrower
- **Name:** FRANK BOUCHER CHEVROLET, INC.
- **Address:** 8600 Washington Avenue 0.0, Racine, WI, 53406-3784
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $936K
- **Initial approval:** $936K
- **Forgiven:** $947K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $745K
- **Rent:** $3K
- **Mortgage interest:** $35K
- **Utilities:** $37K
- **Health care:** $59K
- **Debt interest:** $57K
- **Jobs reported:** 94
## 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*