Chuck Fairbanks Chevrolet, INC

$967,700 PPP Loan in Desoto, Texas

Loan Details

Loan Number
4569067004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$967,700
Current Approval
$967,700
Forgiveness Amount
$978,479
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chuck Fairbanks Chevrolet, INC
Address
6292 N I 35 E
City
Desoto
State
Texas
ZIP Code
75115-4804
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$23.7M
Rural/Urban
Urban
Congressional District
TX-30

Loan Use Breakdown

Payroll
$967,700

Lender Information

Servicing Lender
Citizens National Bank of Texas
Originating Lender
Citizens National Bank of Texas

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