Pape Chevrolet, Inc.

$903,583 PPP Loan in South Portland, Maine

Loan Details

Loan Number
3092617109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$903,583
Current Approval
$903,581
Forgiveness Amount
$909,429
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Pape Chevrolet, Inc.
Address
425 Westbrook Street
State
Maine
ZIP Code
04106-1907
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
73
Estimated Revenue
$18.4M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$903,581

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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