PPP Loan information for Friendly chevrolet-buick, inc.

$520,658

Friendly chevrolet-buick, inc. was initially approved for PPP Loan of amount $520,658, the current approved amount is $520,658. The loan was approved on 04/11/2020 by The Ally Bank reported 40 jobs and $520,658 was used to fund payroll.

Friendly chevrolet-buick, inc. is Existing or more than 2 years old

PPP Loan Search / NC / ALBEMARLE / Friendly chevrolet-buick, inc.

FRIENDLY CHEVROLET-BUICK, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FRIENDLY CHEVROLET-BUICK, INC.

Borrower Address

2307 US Hwy 52 N

Borrower City

ALBEMARLE

Borrower State

NC

Borrower Zip

28001-8507

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520658.00

Current Approval Amount

520658.00

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

ALBEMARLE

Project County Name

STANLY

Project State

NC

Project Zip

28001-8507

CD

NC-08

Jobs Reported

40

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

520658.00

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

526269.38

Forgiveness Date

05/13/2021

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