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
- City
- Albemarle
- State
- North Carolina
- 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
Other PPP Loans in Albemarle, NC
| Business | Approved | |
|---|---|---|
| Monarch | $10,000,000 | |
| J. T. Russell and Sons Incorporated | $1,767,595 | |
| Gha Autism Supports | $1,731,848 | |
| J.t. Russell and Sons, Incorporated | $1,671,260 | |
| Albemarle Oil Company | $1,349,000 |
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