PPP Loan information for Wally edgar chevrolet inc

$1,172,955

Wally edgar chevrolet inc was initially approved for PPP Loan of amount $1,172,955, the current approved amount is $1,172,955. The loan was approved on 04/30/2020 by The JPMorgan Chase Bank, National Association reported 99 jobs and $1,172,955 was used to fund payroll.

Wally edgar chevrolet inc is Existing or more than 2 years old

PPP Loan Search / MI / Lake Orion / Wally edgar chevrolet inc

WALLY EDGAR CHEVROLET INC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WALLY EDGAR CHEVROLET INC

Borrower Address

3805 S. Lapeer Rd 0.0

Borrower City

Lake Orion

Borrower State

MI

Borrower Zip

48360-2464

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1172955.00

Current Approval Amount

1172955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Orion

Project County Name

OAKLAND

Project State

MI

Project Zip

48360-2464

CD

MI-09

Jobs Reported

99

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18724.00

Payroll Proceed

883952.00

Mortgage Interest Proceed

0.00

Rent Proceed

130000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

140279.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1186525.44

Forgiveness Date

06/30/2021

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