Marchant Chevrolet, Inc.

$452,058 PPP Loan in Ravenel, South Carolina

Loan Details

Loan Number
5333227209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$452,058
Current Approval
$452,058
Forgiveness Amount
$457,018
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marchant Chevrolet, Inc.
Address
5700 Savannah Highway
ZIP Code
29470-5411
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
44
Estimated Revenue
$11.1M
Rural/Urban
Urban
Congressional District
SC-06

Loan Use Breakdown

Payroll
$452,058

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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