PPP Loan information for Marshall chevrolet inc

$200,000

Marshall chevrolet inc was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/09/2020 by The Heritage Bank, Inc. reported 19 jobs and $200,000 was used to fund payroll.

Marshall chevrolet inc is New Business or 2 years or less

MARSHALL CHEVROLET INC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MARSHALL CHEVROLET INC

Borrower Address

1934 US HIGHWAY 227

Borrower City

CARROLLTON

Borrower State

KY

Borrower Zip

41008-8063

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

116820

Servicing Lender Name

Heritage Bank, Inc.

Servicing Lender Address

1818 Florence

Servicing Lender City

Burlington

Servicing Lender State

KY

Servicing Lender Zip

41005

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CARROLLTON

Project County Name

CARROLL

Project State

KY

Project Zip

41008-8063

CD

KY-04

Jobs Reported

19

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200000.00

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

116820

Originating Lender

Heritage Bank, Inc.

Originating Lender City

Burlington

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201468.49

Forgiveness Date

01/08/2021

;