Gunn Chevrolet, Ltd

$1,793,200 PPP Loan in Selma, Texas

Loan Details

Loan Number
6139367010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,793,200
Current Approval
$1,793,200
Forgiveness Amount
$1,806,300
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gunn Chevrolet, Ltd
Address
16550 Interstate 35 North
City
Selma
State
Texas
ZIP Code
78154-1460
Business Type
Partnership
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
150
Estimated Revenue
$37.8M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$1,344,900
Rent
$268,980
Utilities
$179,320

Lender Information

Servicing Lender
Texas Partners Bank
Originating Lender
Texas Partners Bank

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