PPP Loan information for Dotson chevrolet, inc.

$170,900

Dotson chevrolet, inc. was initially approved for PPP Loan of amount $170,900, the current approved amount is $170,900. The loan was approved on 04/06/2020 by The Powell Valley National Bank reported 25 jobs and $170,900 was used to fund payroll.

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

PPP Loan Search / VA / BIG STONE GAP / Dotson chevrolet, inc.

DOTSON CHEVROLET, INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DOTSON CHEVROLET, INC.

Borrower Address

212 East 5th Street S

Borrower City

BIG STONE GAP

Borrower State

VA

Borrower Zip

24219-2356

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170900.00

Current Approval Amount

170900.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG STONE GAP

Project County Name

WISE

Project State

VA

Project Zip

24219-2356

CD

VA-09

Jobs Reported

25

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

170900.00

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

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172014.36

Forgiveness Date

12/09/2020

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