Lou Bachrodt Chvrolet Co
$1,521,000 PPP Loan in Rockford, Illinois
Loan Details
- Loan Number
- 5529538500
- Date Approved
- Mar 1, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $1,521,000
- Current Approval
- $1,521,000
- Forgiveness Amount
- $1,533,084
- Forgiveness Date
- Dec 16, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Lou Bachrodt Chvrolet Co
- Address
- 7070 Cherryvale North Blvd
- City
- Rockford
- State
- Illinois
- ZIP Code
- 61112-1002
- 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
- 144
- Estimated Revenue
- $36.3M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $1,520,995
- Utilities
- $1
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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