PPP Loan information for Ray chevrolet olds, inc.

$746,700

Ray chevrolet olds, inc. was initially approved for PPP Loan of amount $746,700, the current approved amount is $746,700. The loan was approved on 04/07/2020 by The Gulf Coast Bank reported 96 jobs and $746,700 was used to fund payroll.

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

RAY CHEVROLET OLDS, INC.

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RAY CHEVROLET OLDS, INC.

Borrower Address

706 W SUMMERS DR

Borrower City

ABBEVILLE

Borrower State

LA

Borrower Zip

70510-2722

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

746700.00

Current Approval Amount

746700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28002

Servicing Lender Name

Gulf Coast Bank

Servicing Lender Address

221 S State St

Servicing Lender City

ABBEVILLE

Servicing Lender State

LA

Servicing Lender Zip

70510-5917

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABBEVILLE

Project County Name

VERMILION

Project State

LA

Project Zip

70510-2722

CD

LA-03

Jobs Reported

96

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

746700.00

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

28002

Originating Lender

Gulf Coast Bank

Originating Lender City

ABBEVILLE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

754412.49

Forgiveness Date

04/30/2021

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