Classic Chevrolet Inc.

$5,216,211 PPP Loan in Grapevine, Texas

Loan Details

Loan Number
1956097107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$5,216,211
Current Approval
$5,216,211
Forgiveness Amount
$5,183,884
Forgiveness Date
Nov 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Classic Chevrolet Inc.
Address
1101 West State Highway 114
State
Texas
ZIP Code
76051-4005
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
362
Estimated Revenue
$91.2M
Rural/Urban
Urban
Congressional District
TX-24

Loan Use Breakdown

Payroll
$5,216,211

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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