PPP Loan information for Schmidt chevrolet of mt. vernon inc.

$380,960

Schmidt chevrolet of mt. vernon inc. was initially approved for PPP Loan of amount $380,960, the current approved amount is $380,960. The loan was approved on 04/06/2021 by The JPMorgan Chase Bank, National Association reported 30 jobs and $380,960 was used to fund payroll.

Schmidt chevrolet of mt. vernon inc. is Existing or more than 2 years old

PPP Loan Search / IL / Mount Vernon / Schmidt chevrolet of mt. vernon inc.

SCHMIDT CHEVROLET OF MT. VERNON INC.

Date Approved

04/06/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SCHMIDT CHEVROLET OF MT. VERNON INC.

Borrower Address

3423 Broadway St

Borrower City

Mount Vernon

Borrower State

IL

Borrower Zip

62864-2201

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

380960.00

Current Approval Amount

380960.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Vernon

Project County Name

JEFFERSON

Project State

IL

Project Zip

62864-2201

CD

IL-12

Jobs Reported

30

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

380960.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

383728.94

Forgiveness Date

01/03/2022

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