PPP Loan information for David mcdermott chevrolet inc

$685,000

David mcdermott chevrolet inc was initially approved for PPP Loan of amount $685,000, the current approved amount is $685,000. The loan was approved on 04/15/2020 by The Toyota Financial Savings Bank reported 51 jobs and $685,000 was used to fund payroll.

David mcdermott chevrolet inc is Existing or more than 2 years old

DAVID MCDERMOTT CHEVROLET INC

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

DAVID MCDERMOTT CHEVROLET INC

Borrower Address

655 Main St

Borrower City

EAST HAVEN

Borrower State

CT

Borrower Zip

06512

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

685000.00

Current Approval Amount

685000.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

387964

Servicing Lender Name

Toyota Financial Savings Bank

Servicing Lender Address

2485 Village View Dr, Ste 200

Servicing Lender City

HENDERSON

Servicing Lender State

NV

Servicing Lender Zip

89074-7133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EAST HAVEN

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06512-0001

CD

CT-03

Jobs Reported

51

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

685000.00

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

Corporation

Originating Lender Location Id

387964

Originating Lender

Toyota Financial Savings Bank

Originating Lender City

HENDERSON

Originating Lender State

NV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

692801.39

Forgiveness Date

06/09/2021

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