PPP Loan information for Jack evans chevrolet inc

$241,264

Jack evans chevrolet inc was initially approved for PPP Loan of amount $241,264, the current approved amount is $241,264. The loan was approved on 04/10/2020 by The Ally Bank reported 24 jobs and $241,264 was used to fund payroll.

Jack evans chevrolet inc is Existing or more than 2 years old

JACK EVANS CHEVROLET INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

JACK EVANS CHEVROLET INC

Borrower Address

125 South Royal Ave

Borrower City

FRONT ROYAL

Borrower State

VA

Borrower Zip

22630-3203

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241263.55

Current Approval Amount

241263.55

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRONT ROYAL

Project County Name

WARREN

Project State

VA

Project Zip

22630-3203

CD

VA-06

Jobs Reported

24

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

241263.55

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242878.68

Forgiveness Date

12/15/2020

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