PPP Loan information for Jerry biggers chevrolet inc.

$864,477

Jerry biggers chevrolet inc. was initially approved for PPP Loan of amount $864,477, the current approved amount is $864,477. The loan was approved on 02/11/2021 by The Ally Bank reported 73 jobs and $864,477 was used to fund payroll.

Jerry biggers chevrolet inc. is Existing or more than 2 years old

PPP Loan Search / IL / Elgin / Jerry biggers chevrolet inc.

JERRY BIGGERS CHEVROLET INC.

Date Approved

02/11/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

JERRY BIGGERS CHEVROLET INC.

Borrower Address

1385 E Chicago St

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60120-4715

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

864477.00

Current Approval Amount

864477.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

COOK

Project State

IL

Project Zip

60120-4715

CD

IL-03

Jobs Reported

73

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

864474.00

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

869447.74

Forgiveness Date

09/14/2021

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