PPP Loan information for Team chevrolet, inc

$523,800

Team chevrolet, inc was initially approved for PPP Loan of amount $523,800, the current approved amount is $523,800. The loan was approved on 04/28/2020 by The Comerica Bank reported 44 jobs and $523,800 was used to fund payroll.

Team chevrolet, inc is Existing or more than 2 years old

PPP Loan Search / IN / Valparaiso / Team chevrolet, inc

TEAM CHEVROLET, INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

TEAM CHEVROLET, INC

Borrower Address

1856 MORTHLAND DR

Borrower City

Valparaiso

Borrower State

IN

Borrower Zip

46385-5443

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

523800.00

Current Approval Amount

523800.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Valparaiso

Project County Name

PORTER

Project State

IN

Project Zip

46385-5443

CD

IN-01

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

419084.00

Mortgage Interest Proceed

104716.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

527874.00

Forgiveness Date

02/16/2021

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