PPP Loan information for Gem chevrolet inc.

$385,500

Gem chevrolet inc. was initially approved for PPP Loan of amount $441,700, the current approved amount is $385,500. The loan was approved on 04/11/2020 by The Berkshire Bank reported 35 jobs and $385,500 was used to fund payroll.

Gem chevrolet inc. is Existing or more than 2 years old

PPP Loan Search / CT / WILLIMANTIC / Gem chevrolet inc.

GEM CHEVROLET INC.

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

GEM CHEVROLET INC.

Borrower Address

106 storrs rd

Borrower City

WILLIMANTIC

Borrower State

CT

Borrower Zip

06226

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

441700.00

Current Approval Amount

385500.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIMANTIC

Project County Name

WINDHAM

Project State

CT

Project Zip

06226-0001

CD

CT-02

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

385500.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

388193.22

Forgiveness Date

01/08/2021

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