PPP Loan information for Community chevrolet company

$1,073,258

Community chevrolet company was initially approved for PPP Loan of amount $1,073,258, the current approved amount is $1,073,258. The loan was approved on 04/11/2020 by The Ally Bank reported 80 jobs and $1,073,258 was used to fund payroll.

Community chevrolet company is Existing or more than 2 years old

COMMUNITY CHEVROLET COMPANY

Date Approved

04/11/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

COMMUNITY CHEVROLET COMPANY

Borrower Address

200 W OLIVE AVE

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91502-1824

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1073258.00

Current Approval Amount

1073258.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91502-1824

CD

CA-30

Jobs Reported

80

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1073258.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1085123.46

Forgiveness Date

05/24/2021

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