Gregg Young Chevrolet of Norwalk, Inc.

$712,000 PPP Loan in Norwalk, Iowa

Loan Details

Loan Number
4545407005
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$712,000
Current Approval
$712,000
Forgiveness Amount
$719,278
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gregg Young Chevrolet of Norwalk, Inc.
Address
2501 Sunset Drive
State
Iowa
ZIP Code
50211-9702
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
46
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$712,000

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

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