# PPP loan: CENTRAL AVE CHRYSLER JEEP INC
> **$2.12M** approved 04/09/2020 · Exemption 4 · Loan `9450907002`
## Borrower
- **Name:** CENTRAL AVE CHRYSLER JEEP INC
- **Address:** 1839 Central Park Ave, Yonkers, NY, 10710-2828
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Startup, Loan Funds will Open Business
## Loan
- **Approval amount:** $2.12M
- **Initial approval:** $2.12M
- **Forgiven:** $1.36M (64%)
- **Forgiveness date:** 03/08/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.85M
- **Rent:** $190K
- **Utilities:** $80K
- **Jobs reported:** 89
## Lender
- **Originating:** New York Business Development Corporation
- **Servicing:** New York Business Development Corporation (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*