# PPP loan: DAVIDSON CHEVROLET CADILLAC, INC.
> **$534K** approved 04/09/2020 · Paid in Full · Loan `9424857007`
## Borrower
- **Name:** DAVIDSON CHEVROLET CADILLAC, INC.
- **Address:** 18579 us route 11, WATERTOWN, NY, 13601
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $534K
- **Initial approval:** $534K
- **Forgiven:** $539K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $401K
- **Mortgage interest:** $67K
- **Utilities:** $67K
- **Jobs reported:** 47
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*