PPP Loan information for Classic chevrolet inc.

$5,216,211

Classic chevrolet inc. was initially approved for PPP Loan of amount $5,216,211, the current approved amount is $5,216,211. The loan was approved on 04/10/2020 by The Ally Bank reported 362 jobs and $5,216,211 was used to fund payroll.

Classic chevrolet inc. is Existing or more than 2 years old

PPP Loan Search / TX / GRAPEVINE / Classic chevrolet inc.

CLASSIC CHEVROLET INC.

Date Approved

04/10/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

CLASSIC CHEVROLET INC.

Borrower Address

1101 West State Highway 114

Borrower City

GRAPEVINE

Borrower State

TX

Borrower Zip

76051-4005

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5216210.91

Current Approval Amount

5216210.91

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAPEVINE

Project County Name

TARRANT

Project State

TX

Project Zip

76051-4005

CD

TX-24

Jobs Reported

362

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5216210.91

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5183883.55

Forgiveness Date

11/30/2021

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