Benson's Chevrolet INC

$265,100 PPP Loan in Ludlow, Vermont

Loan Details

Loan Number
6792597001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$265,100
Current Approval
$265,100
Forgiveness Amount
$268,499
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Benson's Chevrolet INC
Address
25 Pond St
City
Ludlow
State
Vermont
ZIP Code
05149-1231
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
23
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$265,100

Lender Information

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

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