Sutherland Cheverolet INC

$536,000 PPP Loan in Nicholasville, Kentucky

Loan Details

Loan Number
6000297008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$536,000
Current Approval
$536,000
Forgiveness Amount
$539,797
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sutherland Cheverolet INC
Address
1060 North Main St
ZIP Code
40356-2311
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
36
Estimated Revenue
$9.1M
Rural/Urban
Urban
Congressional District
KY-06

Loan Use Breakdown

Payroll
$402,000
Utilities
$67,000
Mortgage Interest
$67,000

Lender Information

Servicing Lender
Central Bank & Trust Co.
Originating Lender
Central Bank & Trust Co.

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