Don Franklin Chevrolet Buick Gmc Inc.

$724,800 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
5212397000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$724,800
Current Approval
$724,800
Forgiveness Amount
$734,173
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Don Franklin Chevrolet Buick Gmc Inc.
Address
345 South Highway 27
ZIP Code
42501-3443
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
66
Estimated Revenue
$16.6M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$724,800

Lender Information

Servicing Lender
Community Trust Bank, Inc.
Originating Lender
Community Trust Bank, Inc.

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