PPP Loan information for Cheraw chevrolet buick, llc

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CHERAW CHEVROLET BUICK, LLC

Borrower Address

697 Chesterfield Hwy

Borrower City

Cheraw

Borrower State

SC

Borrower Zip

29520

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158400.00

Current Approval Amount

158400.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cheraw

Project County Name

CHESTERFIELD

Project State

SC

Project Zip

29520-0001

CD

SC-07

Jobs Reported

21

NAICS Code

441110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

160600.24

Forgiveness Date

09/20/2021