PPP Loan information for Freeland chevrolet, llc

$1,458,464

Freeland chevrolet, llc was initially approved for PPP Loan of amount $1,458,464, the current approved amount is $1,458,464. The loan was approved on 04/11/2020 by The Ally Bank reported 114 jobs and $1,458,464 was used to fund payroll.

Freeland chevrolet, llc is Existing or more than 2 years old

FREELAND CHEVROLET, LLC

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FREELAND CHEVROLET, LLC

Borrower Address

5333 Hickory Hollow Parkway

Borrower City

ANTIOCH

Borrower State

TN

Borrower Zip

37013-3109

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1458464.33

Current Approval Amount

1458464.33

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANTIOCH

Project County Name

DAVIDSON

Project State

TN

Project Zip

37013-3109

CD

TN-05

Jobs Reported

114

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1458464.33

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1469524.02

Forgiveness Date

01/20/2021

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