# PPP loan: SHERMAN CHREVROLET, LLC
> **$533K** approved 04/09/2020 · Paid in Full · Loan `9704947004`
## Borrower
- **Name:** SHERMAN CHREVROLET, LLC
- **Address:** 600 E LAMBERTH RD, SHERMAN, TX, 75090-2817
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $533K
- **Initial approval:** $533K
- **Forgiven:** $536K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $67K
- **Utilities:** $33K
- **Health care:** $33K
- **Jobs reported:** 36
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*