PPP Loan information for John watson chevrolet inc

$862,900

John watson chevrolet inc was initially approved for PPP Loan of amount $862,900, the current approved amount is $862,900. The loan was approved on 04/06/2020 by The Bank of Utah reported 63 jobs and $862,900 was used to fund payroll.

John watson chevrolet inc is Existing or more than 2 years old

PPP Loan Search / UT / OGDEN / John watson chevrolet inc

JOHN WATSON CHEVROLET INC

Date Approved

04/06/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

JOHN WATSON CHEVROLET INC

Borrower Address

3535 Wall Ave

Borrower City

OGDEN

Borrower State

UT

Borrower Zip

84401-4012

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

862900.00

Current Approval Amount

862900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72257

Servicing Lender Name

Bank of Utah

Servicing Lender Address

2605 Washington Blvd

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84401-3613

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OGDEN

Project County Name

WEBER

Project State

UT

Project Zip

84401-4012

CD

UT-01

Jobs Reported

63

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

107862.50

Payroll Proceed

647175.00

Mortgage Interest Proceed

0.00

Rent Proceed

107862.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

868904.84

Forgiveness Date

12/28/2020

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