Ray Huffines Chevrolet, Inc.

$2,010,252 PPP Loan in Plano, Texas

Loan Details

Loan Number
2896987105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$2,010,252
Current Approval
$2,010,252
Forgiveness Amount
$2,033,400
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray Huffines Chevrolet, Inc.
Address
1001 Coit Road
City
Plano
State
Texas
ZIP Code
75075-5814
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
146
Estimated Revenue
$36.8M
Rural/Urban
Urban
Congressional District
TX-04

Loan Use Breakdown

Payroll
$1,787,252
Rent
$150,000
Utilities
$28,000
Health Care
$45,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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