PPP Loan information for Ourisman chevrolet of bowie inc

$1,022,234

Ourisman chevrolet of bowie inc was initially approved for PPP Loan of amount $1,266,100, the current approved amount is $1,022,234. The loan was approved on 04/07/2020 by The Truist Bank reported 99 jobs and $1,022,234 was used to fund payroll.

Ourisman chevrolet of bowie inc is Existing or more than 2 years old

PPP Loan Search / MD / BOWIE / Ourisman chevrolet of bowie inc

OURISMAN CHEVROLET OF BOWIE INC

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

OURISMAN CHEVROLET OF BOWIE INC

Borrower Address

16610 GOVERNOR BRIDGE RD

Borrower City

BOWIE

Borrower State

MD

Borrower Zip

20716-3617

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1266100.00

Current Approval Amount

1022234.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOWIE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20716-3617

CD

MD-05

Jobs Reported

99

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1022234.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1028935.31

Forgiveness Date

12/09/2020

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