PPP Loan information for Selman chevrolet company

$1,000,000

Selman chevrolet company was initially approved for PPP Loan of amount $2,400,000, the current approved amount is $1,000,000. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 182 jobs and $1,000,000 was used to fund payroll.

Selman chevrolet company is Existing or more than 2 years old

PPP Loan Search / CA / ORANGE / Selman chevrolet company

SELMAN CHEVROLET COMPANY

Date Approved

04/10/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

SELMAN CHEVROLET COMPANY

Borrower Address

1800 E. Chapman

Borrower City

ORANGE

Borrower State

CA

Borrower Zip

92867-7767

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2400000.00

Current Approval Amount

1000000.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ORANGE

Project County Name

ORANGE

Project State

CA

Project Zip

92867-7767

CD

CA-40

Jobs Reported

182

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24000.00

Payroll Proceed

764000.00

Mortgage Interest Proceed

0.00

Rent Proceed

140000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

72000.00

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

1014972.22

Forgiveness Date

10/13/2021

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