# PPP loan: MADISON MAC HAIK CHEVROLET LTD
> **$347K** approved 04/09/2020 · Paid in Full · Loan `9690677004`
## Borrower
- **Name:** MADISON MAC HAIK CHEVROLET LTD
- **Address:** 140 Autobahn Loop 0.0, Madison, MS, 39110-6047
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Rent:** $94K
- **Mortgage interest:** $11K
- **Utilities:** $8K
- **Health care:** $33K
- **Debt interest:** $26K
- **Jobs reported:** 39
## 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*