Karl Chevrolet INC
$5,271,947 PPP Loan in Ankeny, Iowa
Loan Details
- Loan Number
- 2805957102
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,271,947
- Current Approval
- $5,271,947
- Forgiveness Amount
- $5,333,599
- Forgiveness Date
- Jun 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Karl Chevrolet INC
- Address
- 1101 SE Oralabor Rd
- City
- Ankeny
- State
- Iowa
- ZIP Code
- 50021-3950
- 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
- 472
- Estimated Revenue
- $118.9M
- Rural/Urban
- Urban
- Congressional District
- IA-03
Loan Use Breakdown
- Payroll
- $5,271,947
Lender Information
- Servicing Lender
- Ally Bank
- Originating Lender
- Ally Bank
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