PPP Loan information for West chevrolet, inc.

$1,149,200

West chevrolet, inc. was initially approved for PPP Loan of amount $1,149,200, the current approved amount is $1,149,200. The loan was approved on 04/07/2020 by The First Horizon Bank reported 90 jobs and $1,149,200 was used to fund payroll.

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

PPP Loan Search / TN / ALCOA / West chevrolet, inc.

WEST CHEVROLET, INC.

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WEST CHEVROLET, INC.

Borrower Address

3450 ALCOA HWY

Borrower City

ALCOA

Borrower State

TN

Borrower Zip

37701-3235

Loan Status Date

05/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1149200.00

Current Approval Amount

1149200.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALCOA

Project County Name

BLOUNT

Project State

TN

Project Zip

37701-3235

CD

TN-02

Jobs Reported

90

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24988.00

Payroll Proceed

899147.00

Mortgage Interest Proceed

0.00

Rent Proceed

141990.00

Refinance EIDL Proceed

0.00

Health Care Proceed

83075.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1159255.50

Forgiveness Date

03/02/2021

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