Meier Chevrolet-Buick, Inc.
$197,400 PPP Loan in Nashville, Illinois
Loan Details
- Loan Number
- 2034657107
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $197,400
- Current Approval
- $197,400
- Forgiveness Amount
- $198,859
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Meier Chevrolet-Buick, Inc.
- Address
- 477 E St Louis St
- City
- Nashville
- State
- Illinois
- ZIP Code
- 62263-1705
- 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-12
Loan Use Breakdown
- Payroll
- $148,050
- Rent
- $35,750
- Utilities
- $1,350
- Debt Interest
- $12,250
Lender Information
- Servicing Lender
- Commerce Bank
- Originating Lender
- Commerce Bank
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