PPP Loan information for Southern chevrolet inc

$98,617

Southern chevrolet inc was initially approved for PPP Loan of amount $98,617, the current approved amount is $98,617. The loan was approved on 04/06/2020 by The The Commercial Bank reported 9 jobs and $98,617 was used to fund payroll.

Southern chevrolet inc is Existing or more than 2 years old

SOUTHERN CHEVROLET INC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHERN CHEVROLET INC

Borrower Address

172 Bell Street

Borrower City

DE KALB

Borrower State

MS

Borrower Zip

39328-6384

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98617.20

Current Approval Amount

98617.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39197

Servicing Lender Name

The Commercial Bank

Servicing Lender Address

175 Hopper St

Servicing Lender City

DE KALB

Servicing Lender State

MS

Servicing Lender Zip

39328-9808

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DE KALB

Project County Name

KEMPER

Project State

MS

Project Zip

39328-6384

CD

MS-03

Jobs Reported

9

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

98617.20

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

39197

Originating Lender

The Commercial Bank

Originating Lender City

DE KALB

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99344.00

Forgiveness Date

01/08/2021

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