Meier Chevrolet-Buick-Gmc, Inc.
$112,200 PPP Loan in Sparta, Illinois
Loan Details
- Loan Number
- 1442307101
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $112,200
- Current Approval
- $112,200
- Forgiveness Amount
- $113,129
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Meier Chevrolet-Buick-Gmc, Inc.
- Address
- 1200 North Market St
- City
- Sparta
- State
- Illinois
- ZIP Code
- 62286-1020
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423140)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $84,150
- Rent
- $24,000
- Utilities
- $750
- Debt Interest
- $3,300
Lender Information
- Servicing Lender
- Commerce Bank
- Originating Lender
- Commerce Bank
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