PPP Loan information for Casey chevrolet corporation

$1,018,800

Casey chevrolet corporation was initially approved for PPP Loan of amount $1,018,800, the current approved amount is $1,018,800. The loan was approved on 04/10/2020 by The TowneBank reported 100 jobs and $1,018,800 was used to fund payroll.

Casey chevrolet corporation is Existing or more than 2 years old

CASEY CHEVROLET CORPORATION

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CASEY CHEVROLET CORPORATION

Borrower Address

11700 Jefferson Ave

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606-1905

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1018800.00

Current Approval Amount

1018800.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-1905

CD

VA-03

Jobs Reported

100

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1018800.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1027120.20

Forgiveness Date

02/09/2021

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