PPP Loan information for Gregg young chevrolet, inc.

$1,925,000

Gregg young chevrolet, inc. was initially approved for PPP Loan of amount $1,925,000, the current approved amount is $1,925,000. The loan was approved on 04/03/2020 by The Pinnacle Bank reported 137 jobs and $1,925,000 was used to fund payroll.

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

GREGG YOUNG CHEVROLET, INC.

Date Approved

04/03/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

GREGG YOUNG CHEVROLET, INC.

Borrower Address

17750 Burt Street

Borrower City

OMAHA

Borrower State

NE

Borrower Zip

68118-3311

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1925000.00

Current Approval Amount

1925000.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

42565

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1401 'N' St

Servicing Lender City

LINCOLN

Servicing Lender State

NE

Servicing Lender Zip

68508

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OMAHA

Project County Name

DOUGLAS

Project State

NE

Project Zip

68118-3311

CD

NE-02

Jobs Reported

137

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1925000.00

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

Corporation

Originating Lender Location Id

42565

Originating Lender

Pinnacle Bank

Originating Lender City

LINCOLN

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1943929.17

Forgiveness Date

03/31/2021

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