Sherwood Chevrolet Inc.

$525,900 PPP Loan in Tunkhannock, Pennsylvania

Loan Details

Loan Number
1177118500
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$525,900
Current Approval
$525,900
Forgiveness Amount
$530,370
Forgiveness Date
Jan 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sherwood Chevrolet Inc.
Address
145 E Tioga St
ZIP Code
18657-1603
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
47
Estimated Revenue
$11.8M
Rural/Urban
Rural
Congressional District
PA-09

Loan Use Breakdown

Payroll
$525,897
Utilities
$1

Lender Information

Servicing Lender
Ps Bank
Originating Lender
Ps Bank

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