Friendly Chevrolet-Buick, Inc.

$520,658 PPP Loan in Albemarle, North Carolina

Loan Details

Loan Number
3176157110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$520,658
Current Approval
$520,658
Forgiveness Amount
$526,269
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Friendly Chevrolet-Buick, Inc.
Address
2307 US Hwy 52 N
ZIP Code
28001-8507
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
40
Estimated Revenue
$10.1M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$520,658

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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