# PPP loan: CHUCK DAVIS CHEVROLET, INC.
> **$1.59M** approved 04/09/2020 · Paid in Full · Loan `9719517007`
## Borrower
- **Name:** CHUCK DAVIS CHEVROLET, INC.
- **Address:** 2277 South Loop West 0.0, Houston, TX, 77054-4802
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Rent:** $250K
- **Mortgage interest:** $121K
- **Jobs reported:** 94
## 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*