Shepherd's Chevrolet Buick Incorporated

$270,700 PPP Loan in Rochester, Indiana

Loan Details

Loan Number
6364487007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$270,700
Current Approval
$270,700
Forgiveness Amount
$272,926
Forgiveness Date
Feb 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shepherd's Chevrolet Buick Incorporated
Address
1520 E 9th St
State
Indiana
ZIP Code
46975-8903
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$171,828
Rent
$32,000
Utilities
$10,579
Health Care
$20,052
Debt Interest
$36,241

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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