# PPP loan: THORNTON CHEVROLET, INC.
> **$488K** approved 04/15/2020 · Paid in Full · Loan `9574927108`
## Borrower
- **Name:** THORNTON CHEVROLET, INC.
- **Address:** 180 South Main Street, Manchester, PA, 17345
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $377K
- **Rent:** $70K
- **Utilities:** $12K
- **Health care:** $28K
- **Jobs reported:** 52
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*