PPP Loan information for Champion chevrolet-cadillac llc

$665,100

Champion chevrolet-cadillac llc was initially approved for PPP Loan of amount $665,100, the current approved amount is $665,100. The loan was approved on 04/03/2020 by The Mountain Commerce Bank reported 85 jobs and $665,100 was used to fund payroll.

Champion chevrolet-cadillac llc is Existing or more than 2 years old

CHAMPION CHEVROLET-CADILLAC LLC

Date Approved

04/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CHAMPION CHEVROLET-CADILLAC LLC

Borrower Address

3606 Bristol Hwy

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37601-1324

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

665100.00

Current Approval Amount

665100.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37601-1324

CD

TN-01

Jobs Reported

85

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

665100.00

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

669607.90

Forgiveness Date

12/09/2020

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