Alan Browne Chevrolet

$481,446 PPP Loan in Genoa, Illinois

Loan Details

Loan Number
5468347000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$481,446
Current Approval
$481,446
Forgiveness Amount
$485,578
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alan Browne Chevrolet
Address
700 Pearson Dr
City
Genoa
ZIP Code
60135-1365
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
38
Estimated Revenue
$9.6M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$385,157
Rent
$72,217
Utilities
$9,629
Debt Interest
$14,443

Lender Information

Servicing Lender
Byron Bank
Originating Lender
Byron Bank

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