Jim Schmidt Chevrolet Buick, INC

$680,700 PPP Loan in Hicksville, Ohio

Loan Details

Loan Number
1086127109
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$680,700
Current Approval
$680,700
Forgiveness Amount
$685,843
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jim Schmidt Chevrolet Buick, INC
Address
575 W High Street
State
Ohio
ZIP Code
43526-0223
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$11.8M
Rural/Urban
Rural
Congressional District
OH-09

Loan Use Breakdown

Payroll
$566,100
Rent
$61,100
Utilities
$13,500
Debt Interest
$40,000

Lender Information

Servicing Lender
The Hicksville Bank
Originating Lender
The Hicksville Bank

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