Mike Reed Chevrolet Inc.

$442,175 PPP Loan in Hinesville, Georgia

Loan Details

Loan Number
4013638402
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$442,175
Current Approval
$442,175
Forgiveness Amount
$444,926
Forgiveness Date
Oct 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mike Reed Chevrolet Inc.
Address
1559 E Oglethorpe Hwy
State
Georgia
ZIP Code
31313-1209
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.2M
Rural/Urban
Urban
Congressional District
GA-01

Loan Use Breakdown

Payroll
$442,169
Utilities
$1

Lender Information

Servicing Lender
The First Bank
Originating Lender
Heritage Bank, a Division of the First Bank

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