PPP Loan information for Chevrolet of boaz, inc.

$391,700

Chevrolet of boaz, inc. was initially approved for PPP Loan of amount $391,700, the current approved amount is $391,700. The loan was approved on 04/04/2020 by The Peoples Independent Bank reported 34 jobs and $391,700 was used to fund payroll.

Chevrolet of boaz, inc. is Existing or more than 2 years old

CHEVROLET OF BOAZ, INC.

Date Approved

04/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CHEVROLET OF BOAZ, INC.

Borrower Address

1134 US HIGHWAY 431

Borrower City

BOAZ

Borrower State

AL

Borrower Zip

35957-1730

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391700.00

Current Approval Amount

391700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOAZ

Project County Name

MARSHALL

Project State

AL

Project Zip

35957-1730

CD

AL-04

Jobs Reported

34

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

371700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

394365.74

Forgiveness Date

12/08/2020

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