PPP Loan information for Herndon chevrolet, inc.

$899,600

Herndon chevrolet, inc. was initially approved for PPP Loan of amount $899,600, the current approved amount is $899,600. The loan was approved on 04/08/2020 by The United Community Bank reported 95 jobs and $899,600 was used to fund payroll.

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

PPP Loan Search / SC / LEXINGTON / Herndon chevrolet, inc.

HERNDON CHEVROLET, INC.

Date Approved

04/08/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

HERNDON CHEVROLET, INC.

Borrower Address

5617 Sunset Blvd.

Borrower City

LEXINGTON

Borrower State

SC

Borrower Zip

29072-2727

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

899600.00

Current Approval Amount

899600.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON

Project State

SC

Project Zip

29072-2727

CD

SC-02

Jobs Reported

95

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

899600.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

907585.49

Forgiveness Date

03/12/2021

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