Selman Chevrolet Company
$2,400,000 PPP Loan in Orange, California
Loan Details
- Loan Number
- 1787417105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,400,000
- Current Approval
- $1,000,000
- Forgiveness Amount
- $1,014,972
- Forgiveness Date
- Oct 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Selman Chevrolet Company
- Address
- 1800 E. Chapman
- City
- Orange
- State
- California
- ZIP Code
- 92867-7767
- 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
- 182
- Estimated Revenue
- $45.9M
- Rural/Urban
- Urban
- Congressional District
- CA-40
Loan Use Breakdown
- Payroll
- $764,000
- Rent
- $140,000
- Utilities
- $24,000
- Health Care
- $72,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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