PPP Loan information for George white chevrolet, inc.

$686,400

George white chevrolet, inc. was initially approved for PPP Loan of amount $686,400, the current approved amount is $686,400. The loan was approved on 04/04/2020 by The First National Bank Ames, Iowa reported 65 jobs and $686,400 was used to fund payroll.

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

GEORGE WHITE CHEVROLET, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GEORGE WHITE CHEVROLET, INC.

Borrower Address

1719 S High Street

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-8079

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686400.00

Current Approval Amount

686400.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-8079

CD

IA-04

Jobs Reported

65

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

31500.00

Payroll Proceed

514900.00

Mortgage Interest Proceed

0.00

Rent Proceed

140000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

693113.56

Forgiveness Date

03/31/2021

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