PPP Loan information for Marchant chevrolet, inc.

$452,058

Marchant chevrolet, inc. was initially approved for PPP Loan of amount $452,058, the current approved amount is $452,058. The loan was approved on 04/27/2020 by The Ally Bank reported 44 jobs and $452,058 was used to fund payroll.

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

PPP Loan Search / SC / RAVENEL / Marchant chevrolet, inc.

MARCHANT CHEVROLET, INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MARCHANT CHEVROLET, INC.

Borrower Address

5700 Savannah Highway

Borrower City

RAVENEL

Borrower State

SC

Borrower Zip

29470-5411

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

452058.00

Current Approval Amount

452058.00

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

RAVENEL

Project County Name

CHARLESTON

Project State

SC

Project Zip

29470-5411

CD

SC-06

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

452058.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

457018.08

Forgiveness Date

06/04/2021

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