PPP Loan information for Doug henry chevrolet inc

$339,642

Doug henry chevrolet inc was initially approved for PPP Loan of amount $339,642, the current approved amount is $339,642. The loan was approved on 03/31/2021 by The Southern Bank and Trust Company reported 182 jobs and $339,642 was used to fund payroll.

Doug henry chevrolet inc is Existing or more than 2 years old

DOUG HENRY CHEVROLET INC

Date Approved

03/31/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DOUG HENRY CHEVROLET INC

Borrower Address

809 W Wilson St

Borrower City

Tarboro

Borrower State

NC

Borrower Zip

27886-4817

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

339642.00

Current Approval Amount

339642.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tarboro

Project County Name

EDGECOMBE

Project State

NC

Project Zip

27886-4817

CD

NC-01

Jobs Reported

182

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

339639.00

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

Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343396.93

Forgiveness Date

05/11/2022

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