PPP Loan information for Reed chevrolet, llc

$1,074,363

Reed chevrolet, llc was initially approved for PPP Loan of amount $1,074,363, the current approved amount is $1,074,363. The loan was approved on 04/10/2020 by The Ally Bank reported 94 jobs and $1,074,363 was used to fund payroll.

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

REED CHEVROLET, LLC

Date Approved

04/10/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

REED CHEVROLET, LLC

Borrower Address

3921 FREDERICK AVE

Borrower City

SAINT JOSEPH

Borrower State

MO

Borrower Zip

64506-3022

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1074362.98

Current Approval Amount

1074362.98

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

SAINT JOSEPH

Project County Name

BUCHANAN

Project State

MO

Project Zip

64506-3022

CD

MO-06

Jobs Reported

94

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1074362.98

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1084479.90

Forgiveness Date

03/23/2021

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