PPP Loan information for Ciocca chevrolet of west chester inc

$495,400

Ciocca chevrolet of west chester inc was initially approved for PPP Loan of amount $495,400, the current approved amount is $495,400. The loan was approved on 04/15/2020 by The Univest Bank and Trust Co. reported 43 jobs and $495,400 was used to fund payroll.

Ciocca chevrolet of west chester inc is New Business or 2 years or less

CIOCCA CHEVROLET OF WEST CHESTER INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CIOCCA CHEVROLET OF WEST CHESTER INC

Borrower Address

715 AUTOPARK BLVD.

Borrower City

WEST CHESTER

Borrower State

PA

Borrower Zip

19382-4976

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

495400.00

Current Approval Amount

495400.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WEST CHESTER

Project County Name

CHESTER

Project State

PA

Project Zip

19382-4976

CD

PA-06

Jobs Reported

43

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

495400.00

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

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

500951.19

Forgiveness Date

06/11/2021

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