Shepherd's Chevrolet Incorporated

$298,200 PPP Loan in North Manchester, Indiana

Loan Details

Loan Number
6352347003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$298,200
Current Approval
$298,200
Forgiveness Amount
$301,281
Forgiveness Date
Apr 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shepherd's Chevrolet Incorporated
Address
1002 State Road 114 W
State
Indiana
ZIP Code
46962-1948
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.8M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$188,000
Rent
$37,000
Utilities
$48,185
Health Care
$15,015
Debt Interest
$10,000

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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