PPP Loan information for Phillips chevrolet of lansing, inc.

$1,059,553

Phillips chevrolet of lansing, inc. was initially approved for PPP Loan of amount $1,059,553, the current approved amount is $1,059,553. The loan was approved on 04/10/2020 by The Ally Bank reported 71 jobs and $1,059,553 was used to fund payroll.

Phillips chevrolet of lansing, inc. is Existing or more than 2 years old

PPP Loan Search / IL / LANSING / Phillips chevrolet of lansing, inc.

PHILLIPS CHEVROLET OF LANSING, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PHILLIPS CHEVROLET OF LANSING, INC.

Borrower Address

17730 TORRENCE AVE

Borrower City

LANSING

Borrower State

IL

Borrower Zip

60438-1857

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1059553.32

Current Approval Amount

1059553.32

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

N

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

COOK

Project State

IL

Project Zip

60438-1857

CD

IL-02

Jobs Reported

71

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1059553.32

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1069766.23

Forgiveness Date

03/31/2021

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