Schimmer Chevrolet Buick Inc.
$478,750 PPP Loan in Mendota, Illinois
Loan Details
- Loan Number
- 1021447110
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $478,750
- Current Approval
- $478,750
- Forgiveness Amount
- $482,567
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schimmer Chevrolet Buick Inc.
- Address
- 1501 South 13th Ave
- City
- Mendota
- State
- Illinois
- ZIP Code
- 61342-9754
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $6.6M
- Rural/Urban
- Rural
- Congressional District
- IL-14
Loan Use Breakdown
- Payroll
- $478,750
Lender Information
- Servicing Lender
- The Huntington National Bank
- Originating Lender
- The Huntington National Bank
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