PPP Loan information for Mike reed chevrolet inc.

$442,175

Mike reed chevrolet inc. was initially approved for PPP Loan of amount $442,175, the current approved amount is $442,175. The loan was approved on 02/05/2021 by The The First Bank reported 43 jobs and $442,175 was used to fund payroll.

Mike reed chevrolet inc. is Existing or more than 2 years old

MIKE REED CHEVROLET INC.

Date Approved

02/05/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MIKE REED CHEVROLET INC.

Borrower Address

1559 E Oglethorpe Hwy

Borrower City

Hinesville

Borrower State

GA

Borrower Zip

31313-1209

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

442175.00

Current Approval Amount

442175.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hinesville

Project County Name

LIBERTY

Project State

GA

Project Zip

31313-1209

CD

GA-01

Jobs Reported

43

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

442169.00

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

444926.31

Forgiveness Date

10/06/2021

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