Leo Martin Chevrolet, Inc.

$788,000 PPP Loan in Lake Jackson, Texas

Loan Details

Loan Number
5265377009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$788,000
Current Approval
$788,000
Forgiveness Amount
$796,096
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Leo Martin Chevrolet, Inc.
Address
217 Highway 332 W
State
Texas
ZIP Code
77566-4019
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
61
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
TX-14

Loan Use Breakdown

Payroll
$788,000

Lender Information

Servicing Lender
Texas Gulf Bank, National Association
Originating Lender
Texas Gulf Bank, National Association

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