# PPP loan: ARNOLD-BAKER CHEVROLET OLDSMOBILE COMPANY
> **$249K** approved 04/15/2020 · Paid in Full · Loan `9547477109`
## Borrower
- **Name:** ARNOLD-BAKER CHEVROLET OLDSMOBILE COMPANY
- **Address:** 619 S. WASHINGTON ST, MAGNOLIA, AR, 71753
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Jobs reported:** 23
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*