PPP Loan information for Mills chevrolet company

$954,200

Mills chevrolet company was initially approved for PPP Loan of amount $954,200, the current approved amount is $954,200. The loan was approved on 04/03/2020 by The IH Mississippi Valley Credit Union reported 74 jobs and $954,200 was used to fund payroll.

Mills chevrolet company is Existing or more than 2 years old

PPP Loan Search / IA / DAVENPORT / Mills chevrolet company

MILLS CHEVROLET COMPANY

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MILLS CHEVROLET COMPANY

Borrower Address

6600 ELMORE AVE

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52807-3635

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

954200.00

Current Approval Amount

954200.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

95611

Servicing Lender Name

IH Mississippi Valley Credit Union

Servicing Lender Address

2500 River Drive

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-3663

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52807-3635

CD

IA-01

Jobs Reported

74

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20200.00

Payroll Proceed

766000.00

Mortgage Interest Proceed

0.00

Rent Proceed

122000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

46000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

95611

Originating Lender

IH Mississippi Valley Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

960448.05

Forgiveness Date

12/09/2020

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