Vaughn Chevrolet

$762,800 PPP Loan in Ottumwa, Iowa

Loan Details

Loan Number
5926447004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$762,800
Current Approval
$762,800
Forgiveness Amount
$767,843
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Vaughn Chevrolet
Address
1311 Vaughn Drive
State
Iowa
ZIP Code
52501-8898
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
69
Estimated Revenue
$17.4M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$762,800

Lender Information

Servicing Lender
South Ottumwa Savings Bank
Originating Lender
South Ottumwa Savings Bank

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