PPP Loan information for Tim lally chevrolet, inc.

$1,107,062

Tim lally chevrolet, inc. was initially approved for PPP Loan of amount $1,107,062, the current approved amount is $1,107,062. The loan was approved on 04/12/2020 by The The Huntington National Bank reported 104 jobs and $1,107,062 was used to fund payroll.

Tim lally chevrolet, inc. is Existing or more than 2 years old

TIM LALLY CHEVROLET, INC.

Date Approved

04/12/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

TIM LALLY CHEVROLET, INC.

Borrower Address

24999 Miles Road

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44128-5406

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1107062.00

Current Approval Amount

1107062.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44128-5406

CD

OH-11

Jobs Reported

104

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1107062.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1118071.96

Forgiveness Date

04/23/2021

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