Parks Chevrolet, Inc.

$1,974,075 PPP Loan in Kernersville, North Carolina

Loan Details

Loan Number
4881937304
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$1,974,075
Current Approval
$1,453,348
Forgiveness Amount
$1,468,447
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Parks Chevrolet, Inc.
Address
615 Nc Highway 66
ZIP Code
27284-2923
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
162
Estimated Revenue
$40.8M
Rural/Urban
Urban
Congressional District
NC-06

Loan Use Breakdown

Payroll
$1,453,348

Lender Information

Servicing Lender
Triad Business Bank
Originating Lender
Triad Business Bank

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