PPP Loan information for Ross downing chevrolet inc

$1,226,845

Ross downing chevrolet inc was initially approved for PPP Loan of amount $1,226,845, the current approved amount is $1,226,845. The loan was approved on 04/09/2020 by The The First Bank reported 91 jobs and $1,226,845 was used to fund payroll.

Ross downing chevrolet inc is Existing or more than 2 years old

PPP Loan Search / LA / HAMMOND / Ross downing chevrolet inc

ROSS DOWNING CHEVROLET INC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ROSS DOWNING CHEVROLET INC

Borrower Address

600 S MORRISON BLVD

Borrower City

HAMMOND

Borrower State

LA

Borrower Zip

70403-3714

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1226845.00

Current Approval Amount

1226845.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70403-3714

CD

LA-05

Jobs Reported

91

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1226845.00

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

Subchapter S Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1237579.89

Forgiveness Date

03/01/2021

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