Rush Chevrolet LLC

$512,100 PPP Loan in Elgin, Texas

Loan Details

Loan Number
6767347005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$512,100
Current Approval
$512,100
Forgiveness Amount
$517,434
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rush Chevrolet LLC
Address
1395 Highway 290 West
City
Elgin
State
Texas
ZIP Code
78621-4245
Business Type
Limited Liability Company(llc)
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
44
Estimated Revenue
$11.1M
Rural/Urban
Urban
Congressional District
TX-10

Loan Use Breakdown

Payroll
$455,769
Rent
$56,331

Lender Information

Servicing Lender
American Bank, National Association
Originating Lender
American Bank National Association

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