# PPP loan: ED KOEHN CHEVROLET INC
> **$467K** approved 01/31/2021 · Paid in Full · Loan `9805508301`
## Borrower
- **Name:** ED KOEHN CHEVROLET INC
- **Address:** 4650 14 Mile Rd NE, Rockford, MI, 49341-9723
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $467K
- **Initial approval:** $467K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $467K
- **Jobs reported:** 46
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*