PPP Loan information for Gregg young chevrolet of norwalk, inc.

$712,000

Gregg young chevrolet of norwalk, inc. was initially approved for PPP Loan of amount $712,000, the current approved amount is $712,000. The loan was approved on 04/03/2020 by The Pinnacle Bank reported 46 jobs and $712,000 was used to fund payroll.

Gregg young chevrolet of norwalk, inc. is Existing or more than 2 years old

PPP Loan Search / IA / NORWALK / Gregg young chevrolet of norwalk, inc.

GREGG YOUNG CHEVROLET OF NORWALK, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GREGG YOUNG CHEVROLET OF NORWALK, INC.

Borrower Address

2501 Sunset Drive

Borrower City

NORWALK

Borrower State

IA

Borrower Zip

50211-9702

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

712000.00

Current Approval Amount

712000.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

42565

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1401 'N' St

Servicing Lender City

LINCOLN

Servicing Lender State

NE

Servicing Lender Zip

68508

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWALK

Project County Name

WARREN

Project State

IA

Project Zip

50211-9702

CD

IA-01

Jobs Reported

46

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

712000.00

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

42565

Originating Lender

Pinnacle Bank

Originating Lender City

LINCOLN

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

719278.22

Forgiveness Date

04/14/2021

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