PPP Loan information for Bayside chevrolet

$1,391,877

Bayside chevrolet was initially approved for PPP Loan of amount $1,391,877, the current approved amount is $1,391,877. The loan was approved on 04/13/2020 by The WesBanco Bank, Inc. reported 100 jobs and $1,391,877 was used to fund payroll.

Bayside chevrolet is Existing or more than 2 years old

BAYSIDE CHEVROLET

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BAYSIDE CHEVROLET

Borrower Address

109 AUTO DR

Borrower City

PRINCE FREDERICK

Borrower State

MD

Borrower Zip

20678-3938

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1391877.00

Current Approval Amount

1391877.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCE FREDERICK

Project County Name

CALVERT

Project State

MD

Project Zip

20678-3938

CD

MD-05

Jobs Reported

100

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1391877.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1405147.50

Forgiveness Date

04/08/2021

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