Palm Chevrolet of Ocala, LLC

$979,444 PPP Loan in Downers Grove, Florida

Loan Details

Loan Number
5237537208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$979,444
Current Approval
$979,444
Forgiveness Amount
$985,366
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palm Chevrolet of Ocala, LLC
Address
2300 SW College Rd
State
Florida
ZIP Code
34471
Business Type
Limited Liability Company(llc)
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
81
Estimated Revenue
$20.4M
Rural/Urban
Rural
Congressional District
FL-03

Loan Use Breakdown

Payroll
$979,444

Lender Information

Servicing Lender
Toyota Financial Savings Bank
Originating Lender
Toyota Financial Savings Bank

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