Marion Chevrolet Buick Gmc, Inc.
$286,900 PPP Loan in Marion, Virginia
Loan Details
- Loan Number
- 4826217003
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $286,900
- Current Approval
- $286,900
- Forgiveness Amount
- $289,549
- Forgiveness Date
- Mar 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Marion Chevrolet Buick Gmc, Inc.
- Address
- 1025 N Main St
- City
- Marion
- State
- Virginia
- ZIP Code
- 24354-4119
- 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
- 24
- Estimated Revenue
- $6.0M
- Rural/Urban
- Rural
- Congressional District
- VA-09
Loan Use Breakdown
- Payroll
- $252,900
- Rent
- $18,000
- Utilities
- $16,000
Lender Information
- Servicing Lender
- The Bank of Marion
- Originating Lender
- The Bank of Marion
Other PPP Loans in Marion, VA
| Business | Approved | |
|---|---|---|
| Marion Mold & Tool Inc. | $711,860 | |
| Marion Mold & Tool INC | $711,800 | |
| Envision Eye Care | $554,992 | |
| Richardson Ambulance Service LLC | $552,900 | |
| Lane Engineering, Inc. | $494,000 |
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