# PPP loan: GRAPEVINE DEALERSHIP ACQUISITION LTD
> **$1.04M** approved 04/09/2020 · Paid in Full · Loan `9502467004`
## Borrower
- **Name:** GRAPEVINE DEALERSHIP ACQUISITION LTD
- **Address:** 501 W STATE HIGHWAY 114 0.0, GRAPEVINE, TX, 76051-4078
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.13M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $852K
- **Rent:** $162K
- **Utilities:** $24K
- **Jobs reported:** 96
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*