# PPP loan: LIBERTY CHEVROLET, INC.
> **$1.22M** approved 04/08/2020 · Paid in Full · Loan `8812127008`
## Borrower
- **Name:** LIBERTY CHEVROLET, INC.
- **Address:** 30400 Lyon Center Drive E. 0.0, New Hudson, MI, 48165-8900
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $918K
- **Rent:** $105K
- **Utilities:** $25K
- **Health care:** $30K
- **Debt interest:** $145K
- **Jobs reported:** 81
## 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*