PPP Loan information for Parks chevrolet, inc.

$1,453,348

Parks chevrolet, inc. was initially approved for PPP Loan of amount $1,974,075, the current approved amount is $1,453,348. The loan was approved on 04/30/2020 by The Triad Business Bank reported 162 jobs and $1,453,348 was used to fund payroll.

Parks chevrolet, inc. is Existing or more than 2 years old

PPP Loan Search / NC / KERNERSVILLE / Parks chevrolet, inc.

PARKS CHEVROLET, INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PARKS CHEVROLET, INC.

Borrower Address

615 NC HIGHWAY 66

Borrower City

KERNERSVILLE

Borrower State

NC

Borrower Zip

27284-2923

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1974075.00

Current Approval Amount

1453348.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KERNERSVILLE

Project County Name

FORSYTH

Project State

NC

Project Zip

27284-2923

CD

NC-06

Jobs Reported

162

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1453348.00

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1468446.67

Forgiveness Date

05/21/2021

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