PPP Loan information for Morgan mcclure chevrolet gmc, inc.

$425,500

Morgan mcclure chevrolet gmc, inc. was initially approved for PPP Loan of amount $425,500, the current approved amount is $425,500. The loan was approved on 04/15/2020 by The Miners Exchange Bank reported 39 jobs and $425,500 was used to fund payroll.

Morgan mcclure chevrolet gmc, inc. is Existing or more than 2 years old

PPP Loan Search / VA / CASTLEWOOD / Morgan mcclure chevrolet gmc, inc.

MORGAN MCCLURE CHEVROLET GMC, INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MORGAN MCCLURE CHEVROLET GMC, INC.

Borrower Address

19363 US-58 ALT.

Borrower City

CASTLEWOOD

Borrower State

VA

Borrower Zip

24224

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425500.00

Current Approval Amount

425500.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

73174

Servicing Lender Name

Miners Exchange Bank

Servicing Lender Address

483 Front St

Servicing Lender City

COEBURN

Servicing Lender State

VA

Servicing Lender Zip

24230-3605

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CASTLEWOOD

Project County Name

RUSSELL

Project State

VA

Project Zip

24224-0001

CD

VA-09

Jobs Reported

39

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

425500.00

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

73174

Originating Lender

Miners Exchange Bank

Originating Lender City

COEBURN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

428301.21

Forgiveness Date

12/09/2020

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