Freedom Chevrolet, Inc.

$420,000 PPP Loan in Virden, Illinois

Loan Details

Loan Number
5297747007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$420,000
Current Approval
$420,000
Forgiveness Amount
$422,812
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Freedom Chevrolet, Inc.
Address
625 S. Springfield St.
City
Virden
ZIP Code
62690-1680
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
32
Estimated Revenue
$8.1M
Rural/Urban
Rural
Congressional District
IL-13

Loan Use Breakdown

Payroll
$420,000

Lender Information

Servicing Lender
Inb, National Association
Originating Lender
Inb, National Association

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