Country Chevrolet INC

$283,900 PPP Loan in Herscher, Illinois

Loan Details

Loan Number
4922687004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$283,900
Current Approval
$283,900
Forgiveness Amount
$285,759
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Country Chevrolet INC
Address
299 E State Route 115
ZIP Code
60941-6212
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
22
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$243,790
Rent
$32,000
Utilities
$8,110

Lender Information

Servicing Lender
Bank of Pontiac
Originating Lender
Bank of Pontiac

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