Merced Chevrolet, Inc.

$341,600 PPP Loan in Merced, California

Loan Details

Loan Number
5003187109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$341,600
Current Approval
$341,600
Forgiveness Amount
$345,512
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merced Chevrolet, Inc.
Address
1485 West 15th Street
City
Merced
ZIP Code
95344
Business Type
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
32
Estimated Revenue
$8.1M
Rural/Urban
Urban
Congressional District
CA-13

Loan Use Breakdown

Payroll
$341,600

Lender Information

Servicing Lender
Live Oak Banking Company
Originating Lender
Live Oak Banking Company

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