PPP Loan information for Sutherland cheverolet inc

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SUTHERLAND CHEVEROLET INC

Borrower Address

1060 NORTH MAIN ST

Borrower City

NICHOLASVILLE

Borrower State

KY

Borrower Zip

40356-2311

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

536000.00

Current Approval Amount

536000.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NICHOLASVILLE

Project County Name

JESSAMINE

Project State

KY

Project Zip

40356-2311

CD

KY-06

Jobs Reported

36

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

67000.00

Payroll Proceed

402000.00

Mortgage Interest Proceed

67000.00

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

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

539796.67

Forgiveness Date

12/22/2020