Timmers Chevrolet Inc.

$1,426,448 PPP Loan in Pasadena, Texas

Loan Details

Loan Number
4540408405
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$1,426,448
Current Approval
$1,426,448
Forgiveness Amount
$1,435,442
Forgiveness Date
Sep 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Timmers Chevrolet Inc.
Address
3940 Pasadena Fwy
State
Texas
ZIP Code
77503-1110
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
124
Estimated Revenue
$31.2M
Rural/Urban
Urban
Congressional District
TX-29

Loan Use Breakdown

Payroll
$1,426,446
Utilities
$1

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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