PPP Loan information for Florence chevrolet inc

$1,440,000

Florence chevrolet inc was initially approved for PPP Loan of amount $1,311,100, the current approved amount is $1,440,000. The loan was approved on 04/08/2020 by The Truist Bank reported 111 jobs and $1,440,000 was used to fund payroll.

Florence chevrolet inc is Existing or more than 2 years old

PPP Loan Search / KY / FLORENCE / Florence chevrolet inc

FLORENCE CHEVROLET INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

FLORENCE CHEVROLET INC

Borrower Address

7830 Commerce Drive

Borrower City

FLORENCE

Borrower State

KY

Borrower Zip

41042-1568

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1311100.00

Current Approval Amount

1440000.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

BOONE

Project State

KY

Project Zip

41042-1568

CD

KY-04

Jobs Reported

111

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1440000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1449280.00

Forgiveness Date

12/09/2020

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