# PPP loan: RANDY WISE BUICK-GMC, INC.
> **$1.16M** approved 04/09/2020 · Paid in Full · Loan `9798947004`
## Borrower
- **Name:** RANDY WISE BUICK-GMC, INC.
- **Address:** 2530 Owen Road 0.0, Fenton, MI, 48430-1768
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $952K
- **Rent:** $146K
- **Utilities:** $60K
- **Jobs reported:** 83
## 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*