# PPP loan: HASTINGS CHRYSLER CENTER INC.
> **$461K** approved 04/09/2020 · Paid in Full · Loan `9118087003`
## Borrower
- **Name:** HASTINGS CHRYSLER CENTER INC.
- **Address:** 2980 Highway 61 S, HASTINGS, MN, 55033
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $461K
- **Initial approval:** $461K
- **Forgiven:** $465K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $346K
- **Rent:** $60K
- **Utilities:** $15K
- **Health care:** $15K
- **Debt interest:** $25K
- **Jobs reported:** 39
## Lender
- **Originating:** Vermillion State Bank
- **Servicing:** Vermillion State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*