# PPP loan: SANDS CHEVROLET, LLC
> **$1.65M** approved 04/09/2020 · Paid in Full · Loan `9518757002`
## Borrower
- **Name:** SANDS CHEVROLET, LLC
- **Address:** 16991 W Waddell Road 0.0, Surprise, AZ, 85388-9602
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.67M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.28M
- **Rent:** $163K
- **Mortgage interest:** $35K
- **Utilities:** $46K
- **Health care:** $43K
- **Debt interest:** $86K
- **Jobs reported:** 135
## 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*