Gem Chevrolet Inc.
$441,700 PPP Loan in Willimantic, Connecticut
Loan Details
- Loan Number
- 3017187100
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $441,700
- Current Approval
- $385,500
- Forgiveness Amount
- $388,193
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Gem Chevrolet Inc.
- Address
- 106 Storrs Rd
- City
- Willimantic
- State
- Connecticut
- ZIP Code
- 06226
- 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
- 35
- Estimated Revenue
- $8.8M
- Rural/Urban
- Rural
- Congressional District
- CT-02
Loan Use Breakdown
- Payroll
- $385,500
Lender Information
- Servicing Lender
- Berkshire Bank
- Originating Lender
- Berkshire Bank
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