Lakeside Chevrolet, Inc.

$413,300 PPP Loan in Warsaw, Indiana

Loan Details

Loan Number
6177917010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$413,300
Current Approval
$413,300
Forgiveness Amount
$416,032
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lakeside Chevrolet, Inc.
Address
427 Chevy Way
City
Warsaw
State
Indiana
ZIP Code
46582-2201
Business Type
Subchapter S 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
35
Estimated Revenue
$8.8M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$280,099
Rent
$25,000
Utilities
$14,000
Health Care
$51,201
Debt Interest
$43,000

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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