PPP Loan information for Franklin chevrolet co., inc.

$885,640

Franklin chevrolet co., inc. was initially approved for PPP Loan of amount $885,640, the current approved amount is $885,640. The loan was approved on 04/11/2020 by The Ally Bank reported 86 jobs and $885,640 was used to fund payroll.

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

PPP Loan Search / GA / STATESBORO / Franklin chevrolet co., inc.

FRANKLIN CHEVROLET CO., INC.

Date Approved

04/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FRANKLIN CHEVROLET CO., INC.

Borrower Address

106 Northside Drive E

Borrower City

STATESBORO

Borrower State

GA

Borrower Zip

30458-2184

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

885640.00

Current Approval Amount

885640.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STATESBORO

Project County Name

BULLOCH

Project State

GA

Project Zip

30458-2184

CD

GA-12

Jobs Reported

86

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

885640.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

894004.38

Forgiveness Date

03/25/2021

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