PPP Loan information for Team chevrolet of swansboro, inc.

$470,479

Team chevrolet of swansboro, inc. was initially approved for PPP Loan of amount $470,479, the current approved amount is $470,479. The loan was approved on 04/11/2020 by The Ally Bank reported 50 jobs and $470,479 was used to fund payroll.

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

TEAM CHEVROLET OF SWANSBORO, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TEAM CHEVROLET OF SWANSBORO, INC.

Borrower Address

1435 W Corbett Ave

Borrower City

SWANSBORO

Borrower State

NC

Borrower Zip

28584-8467

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470479.00

Current Approval Amount

470479.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWANSBORO

Project County Name

ONSLOW

Project State

NC

Project Zip

28584-8467

CD

NC-03

Jobs Reported

50

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

470479.00

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

Subchapter S Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

475445.17

Forgiveness Date

05/05/2021

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