Merle Stone Chevrolet, Inc.

$741,438 PPP Loan in Tulare, California

Loan Details

Loan Number
2450767104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$741,438
Current Approval
$741,438
Forgiveness Amount
$748,605
Forgiveness Date
Apr 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merle Stone Chevrolet, Inc.
Address
2100 E Tulare Ave
City
Tulare
ZIP Code
93274-3222
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
44
Estimated Revenue
$11.1M
Rural/Urban
Urban
Congressional District
CA-20

Loan Use Breakdown

Payroll
$741,438

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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