PPP Loan information for Berglund chevrolet

$2,439,000

Berglund chevrolet was initially approved for PPP Loan of amount $2,439,000, the current approved amount is $2,439,000. The loan was approved on 04/07/2020 by The American National Bank and Trust Company reported 268 jobs and $2,439,000 was used to fund payroll.

Berglund chevrolet is Existing or more than 2 years old

BERGLUND CHEVROLET

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BERGLUND CHEVROLET

Borrower Address

1824 Williamson Road

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24012-5228

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2439000.00

Current Approval Amount

2439000.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE

Project County Name

ROANOKE CITY

Project State

VA

Project Zip

24012-5228

CD

VA-06

Jobs Reported

268

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

73170.00

Payroll Proceed

1902420.00

Mortgage Interest Proceed

24390.00

Rent Proceed

439020.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2470165.00

Forgiveness Date

07/20/2021

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