Young Chevrolet Company

$1,500,000 PPP Loan in Layton, Utah

Loan Details

Loan Number
1416357101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,500,000
Current Approval
$1,500,000
Forgiveness Amount
$1,517,384
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Young Chevrolet Company
Address
645 N Main
City
Layton
State
Utah
ZIP Code
84041
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
174
Estimated Revenue
$43.8M
Rural/Urban
Urban
Congressional District
UT-01

Loan Use Breakdown

Payroll
$1,500,000

Lender Information

Servicing Lender
Zions Bank, a Division of
Originating Lender
Zions Bank, a Division of

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