PPP Loan information for Mike reed chevrolet, inc

$448,200

Mike reed chevrolet, inc was initially approved for PPP Loan of amount $448,200, the current approved amount is $448,200. The loan was approved on 04/09/2020 by The The First Bank reported 47 jobs and $448,200 was used to fund payroll.

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

PPP Loan Search / GA / HINESVILLE / Mike reed chevrolet, inc

MIKE REED CHEVROLET, INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MIKE REED CHEVROLET, INC

Borrower Address

1559 E. OGLETHORPE HIGHWAY

Borrower City

HINESVILLE

Borrower State

GA

Borrower Zip

31313-1209

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448200.00

Current Approval Amount

448200.00

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

47

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

336150.00

Mortgage Interest Proceed

0.00

Rent Proceed

112050.00

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

452022.15

Forgiveness Date

02/18/2021

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