Motor City Chevrolet Buick Gmc, Inc.

$233,848 PPP Loan in Kewanee, Illinois

Loan Details

Loan Number
1554008302
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$233,848
Current Approval
$233,848
Forgiveness Amount
$235,532
Forgiveness Date
Oct 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motor City Chevrolet Buick Gmc, Inc.
Address
1511 Railroad Ave
ZIP Code
61443-1502
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
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$233,845
Utilities
$1

Lender Information

Servicing Lender
Peoples National Bank of Kewanee
Originating Lender
Peoples National Bank of Kewanee

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