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Joe Basil Chevrolet INC

$2,554,267 PPP Loan in Depew, New York

Loan Details

Loan Number
6618657109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,554,267
Current Approval
$2,554,267
Forgiveness Amount
$2,583,309
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Joe Basil Chevrolet INC
Address
5111 Transit Road
City
Depew
State
New York
ZIP Code
14043
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$50.4M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$2,312,006
Rent
$126,000
Utilities
$26,000
Health Care
$80,261
Debt Interest
$10,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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