Schumacher Chevrolet, Inc.

$1,127,373 PPP Loan in Little Falls, New Jersey

Loan Details

Loan Number
5863767106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,127,373
Current Approval
$1,127,373
Forgiveness Amount
$1,139,053
Forgiveness Date
May 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schumacher Chevrolet, Inc.
Address
8 Main St
ZIP Code
07424-1524
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
77
Estimated Revenue
$19.4M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$1,127,373

Lender Information

Servicing Lender
Provident Bank
Originating Lender
Provident Bank

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