PPP Loan information for Chevy chase automotive, llc

$1,640,480

Chevy chase automotive, llc was initially approved for PPP Loan of amount $1,640,480, the current approved amount is $1,640,480. The loan was approved on 04/08/2020 by The Forbright Bank reported 130 jobs and $1,640,480 was used to fund payroll.

Chevy chase automotive, llc is Existing or more than 2 years old

PPP Loan Search / MD / BETHESDA / Chevy chase automotive, llc

CHEVY CHASE AUTOMOTIVE, LLC

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CHEVY CHASE AUTOMOTIVE, LLC

Borrower Address

7725 WISCONSIN AVE

Borrower City

BETHESDA

Borrower State

MD

Borrower Zip

20814-3521

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1640480.25

Current Approval Amount

1640480.25

Undisbursed Amount

0.00

Franchise Name

Acura Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHESDA

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-3521

CD

MD-08

Jobs Reported

130

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1640480.25

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

Limited Liability Company(LLC)

Originating Lender Location Id

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1653421.82

Forgiveness Date

01/26/2021

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