# PPP loan: CRONIC NISSAN, INC.
> **$330K** approved 04/15/2020 · Paid in Full · Loan `8846507100`
## Borrower
- **Name:** CRONIC NISSAN, INC.
- **Address:** 2624 NORTH EXPRESSWAY, GRIFFIN, GA, 30223-7201
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Mortgage interest:** $49K
- **Utilities:** $33K
- **Jobs reported:** 33
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*