PPP Loan information for Wayne thomas chevrolet inc.

$351,993

Wayne thomas chevrolet inc. was initially approved for PPP Loan of amount $351,993, the current approved amount is $351,993. The loan was approved on 04/11/2020 by The Ally Bank reported 32 jobs and $351,993 was used to fund payroll.

Wayne thomas chevrolet inc. is Existing or more than 2 years old

PPP Loan Search / NC / ASHEBORO / Wayne thomas chevrolet inc.

WAYNE THOMAS CHEVROLET INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WAYNE THOMAS CHEVROLET INC.

Borrower Address

1400 E Dixie Dr

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27203-8800

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

351993.00

Current Approval Amount

351993.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-8800

CD

NC-09

Jobs Reported

32

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

351993.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

354867.61

Forgiveness Date

02/09/2021

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