PPP Loan information for Davidson chevrolet cadillac, inc.

$534,000

Davidson chevrolet cadillac, inc. was initially approved for PPP Loan of amount $534,000, the current approved amount is $534,000. The loan was approved on 04/09/2020 by The NBT Bank, National Association reported 47 jobs and $534,000 was used to fund payroll.

Davidson chevrolet cadillac, inc. is Existing or more than 2 years old

DAVIDSON CHEVROLET CADILLAC, INC.

Date Approved

04/09/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

DAVIDSON CHEVROLET CADILLAC, INC.

Borrower Address

18579 us route 11

Borrower City

WATERTOWN

Borrower State

NY

Borrower Zip

13601

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

534000.00

Current Approval Amount

534000.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

49989

Servicing Lender Name

NBT Bank, National Association

Servicing Lender Address

52 S Broad St

Servicing Lender City

NORWICH

Servicing Lender State

NY

Servicing Lender Zip

13815-1646

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

JEFFERSON

Project State

NY

Project Zip

13601-0001

CD

NY-24

Jobs Reported

47

NAICS Code

423110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

66750.00

Payroll Proceed

400500.00

Mortgage Interest Proceed

66750.00

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

49989

Originating Lender

NBT Bank, National Association

Originating Lender City

NORWICH

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

539047.40

Forgiveness Date

04/01/2021

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