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Chevrolet of Boaz, Inc.

$391,700 PPP Loan in Boaz, Alabama

Loan Details

Loan Number
4821127001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$391,700
Current Approval
$391,700
Forgiveness Amount
$394,366
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Chevrolet of Boaz, Inc.
Address
1134 US Highway 431
City
Boaz
State
Alabama
ZIP Code
35957-1730
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$371,700
Utilities
$10,000
Health Care
$10,000

Lender Information

Servicing Lender
Peoples Independent Bank
Originating Lender
Peoples Independent Bank

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