PPP Loan information for Phillips chevrolet, inc.

$1,641,400

Phillips chevrolet, inc. was initially approved for PPP Loan of amount $1,641,400, the current approved amount is $1,641,400. The loan was approved on 04/10/2020 by The Ally Bank reported 110 jobs and $1,641,400 was used to fund payroll.

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

PPP Loan Search / IL / FRANKFORT / Phillips chevrolet, inc.

PHILLIPS CHEVROLET, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PHILLIPS CHEVROLET, INC.

Borrower Address

9700 LINCOLN HWY

Borrower City

FRANKFORT

Borrower State

IL

Borrower Zip

60423-1553

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1641400.00

Current Approval Amount

1641400.00

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

FRANKFORT

Project County Name

WILL

Project State

IL

Project Zip

60423-1553

CD

IL-01

Jobs Reported

110

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1641400.00

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

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

1654850.36

Forgiveness Date

02/09/2021

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