Terry Thompson Chevrolet, INC

$792,800 PPP Loan in Daphne, Alabama

Loan Details

Loan Number
6106257103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$792,800
Current Approval
$792,800
Forgiveness Amount
$798,658
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Terry Thompson Chevrolet, INC
Address
1402 US Highway 98
City
Daphne
State
Alabama
ZIP Code
36526-4258
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
68
Estimated Revenue
$17.1M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$792,800

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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