David Mcdermott Chevrolet INC

$685,000 PPP Loan in East Haven, Connecticut

Loan Details

Loan Number
1139387209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$685,000
Current Approval
$685,000
Forgiveness Amount
$692,801
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
David Mcdermott Chevrolet INC
Address
655 Main St
ZIP Code
06512
Business Type
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
51
Estimated Revenue
$12.9M
Rural/Urban
Urban
Congressional District
CT-03

Loan Use Breakdown

Payroll
$685,000

Lender Information

Servicing Lender
Toyota Financial Savings Bank
Originating Lender
Toyota Financial Savings Bank

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