PPP Loan information for Sport chervrolet company llc

$1,425,400

Sport chervrolet company llc was initially approved for PPP Loan of amount $1,000,200, the current approved amount is $1,425,400. The loan was approved on 04/08/2020 by The Truist Bank reported 102 jobs and $1,425,400 was used to fund payroll.

Sport chervrolet company llc is Existing or more than 2 years old

SPORT CHERVROLET COMPANY LLC

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SPORT CHERVROLET COMPANY LLC

Borrower Address

3101 Automobile Blvd

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20904-4902

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000200.00

Current Approval Amount

1425400.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20904-4902

CD

MD-04

Jobs Reported

102

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1425400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1437595.09

Forgiveness Date

02/23/2021

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