Folsom Chevrolet, Inc.

$933,335 PPP Loan in Folsom, California

Loan Details

Loan Number
3515047107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$933,335
Current Approval
$933,335
Forgiveness Amount
$942,254
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Folsom Chevrolet, Inc.
Address
12655 Auto Mall Cir
City
Folsom
ZIP Code
95630-8099
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
78
Estimated Revenue
$19.7M
Rural/Urban
Urban
Congressional District
CA-03

Loan Use Breakdown

Payroll
$933,335

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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