Phillips Chevrolet, Inc.

$1,641,400 PPP Loan in Frankfort, Illinois

Loan Details

Loan Number
2280667105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,641,400
Current Approval
$1,641,400
Forgiveness Amount
$1,654,850
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Phillips Chevrolet, Inc.
Address
9700 Lincoln Hwy
ZIP Code
60423-1553
Business Type
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
110
Estimated Revenue
$27.7M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$1,641,400

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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