Defouw Chevrolet, Inc.

$1,841,250 PPP Loan in Lafayette, Indiana

Loan Details

Loan Number
2405107106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,841,250
Current Approval
$1,841,250
Forgiveness Amount
$1,855,375
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Defouw Chevrolet, Inc.
Address
320 Sagamore Parkway South
State
Indiana
ZIP Code
47905-4741
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
133
Estimated Revenue
$33.5M
Rural/Urban
Urban
Congressional District
IN-04

Loan Use Breakdown

Payroll
$1,841,250

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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