# PPP loan: CAVALIER AUTOMOTIVE LLC
> **$296K** approved 04/09/2020 · Paid in Full · Loan `9504387008`
## Borrower
- **Name:** CAVALIER AUTOMOTIVE LLC
- **Address:** 1552 S MILITARY HWY, CHESAPEAKE, VA, 23320-2608
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Jobs reported:** 35
## 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*