Green Buick Gmc, Inc.

$1,128,000 PPP Loan in Bettendorf, Iowa

Loan Details

Loan Number
4552457007
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,128,000
Current Approval
$1,128,000
Forgiveness Amount
$1,135,355
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Green Buick Gmc, Inc.
Address
2807 Eagle Heights Court
State
Iowa
ZIP Code
52722-6307
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
89
Estimated Revenue
$22.4M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$900,000
Rent
$100,000
Utilities
$23,000
Health Care
$35,000
Debt Interest
$70,000

Lender Information

Servicing Lender
Ih Mississippi Valley Credit Union
Originating Lender
Ih Mississippi Valley Credit Union

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