# PPP loan: SOUTHERN CHEVROLET INC
> **$743K** approved 04/09/2020 · Paid in Full · Loan `9148567006`
## Borrower
- **Name:** SOUTHERN CHEVROLET INC
- **Address:** 2255 S MCKENZIE ST, FOLEY, AL, 36535-1704
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $743K
- **Initial approval:** $743K
- **Forgiven:** $750K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $743K
- **Jobs reported:** 51
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*