PPP Loan information for Smith chevrolet inc

$313,000

Smith chevrolet inc was initially approved for PPP Loan of amount $313,000, the current approved amount is $313,000. The loan was approved on 04/09/2020 by The The Farmers Bank & Savings Company reported 28 jobs and $313,000 was used to fund payroll.

Smith chevrolet inc is Existing or more than 2 years old

PPP Loan Search / OH / GALLIPOLIS / Smith chevrolet inc

SMITH CHEVROLET INC

Date Approved

04/09/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

SMITH CHEVROLET INC

Borrower Address

1911 Eastern Ave

Borrower City

GALLIPOLIS

Borrower State

OH

Borrower Zip

45631-1818

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

313000.00

Current Approval Amount

313000.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

58117

Servicing Lender Name

The Farmers Bank & Savings Company

Servicing Lender Address

211 W Second St

Servicing Lender City

POMEROY

Servicing Lender State

OH

Servicing Lender Zip

45769-1037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GALLIPOLIS

Project County Name

GALLIA

Project State

OH

Project Zip

45631-1818

CD

OH-02

Jobs Reported

28

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

294000.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

58117

Originating Lender

The Farmers Bank & Savings Company

Originating Lender City

POMEROY

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

315632.63

Forgiveness Date

02/17/2021

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