Team Chevrolet, INC
$523,800 PPP Loan in Valparaiso, Indiana
Loan Details
- Loan Number
- 1610747300
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $523,800
- Current Approval
- $523,800
- Forgiveness Amount
- $527,874
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Team Chevrolet, INC
- Address
- 1856 Morthland Dr
- City
- Valparaiso
- State
- Indiana
- ZIP Code
- 46385-5443
- 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
- 44
- Estimated Revenue
- $11.1M
- Rural/Urban
- Urban
- Congressional District
- IN-01
Loan Use Breakdown
- Payroll
- $419,084
- Mortgage Interest
- $104,716
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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