PPP Loan information for Outten chevrolet, inc.

$408,194

Outten chevrolet, inc. was initially approved for PPP Loan of amount $408,194, the current approved amount is $408,194. The loan was approved on 04/13/2020 by The Ally Bank reported 34 jobs and $408,194 was used to fund payroll.

Outten chevrolet, inc. is Existing or more than 2 years old

OUTTEN CHEVROLET, INC.

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

OUTTEN CHEVROLET, INC.

Borrower Address

1701 W Tilghman St

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18104-4158

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408194.00

Current Approval Amount

408194.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18104-4158

CD

PA-07

Jobs Reported

34

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

408194.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

413262.41

Forgiveness Date

07/13/2021

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