PPP Loan information for Abernethy chevrolet, inc.

$456,167

Abernethy chevrolet, inc. was initially approved for PPP Loan of amount $456,167, the current approved amount is $456,167. The loan was approved on 04/11/2020 by The Ally Bank reported 43 jobs and $456,167 was used to fund payroll.

Abernethy chevrolet, inc. is Existing or more than 2 years old

PPP Loan Search / NC / LINCOLNTON / Abernethy chevrolet, inc.

ABERNETHY CHEVROLET, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ABERNETHY CHEVROLET, INC.

Borrower Address

1445 East Main Street

Borrower City

LINCOLNTON

Borrower State

NC

Borrower Zip

28092-3996

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

456166.67

Current Approval Amount

456166.67

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LINCOLNTON

Project County Name

LINCOLN

Project State

NC

Project Zip

28092-3996

CD

NC-10

Jobs Reported

43

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

456166.67

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

461247.86

Forgiveness Date

05/26/2021

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