Berglund Chevrolet
$2,439,000 PPP Loan in Roanoke, Virginia
Loan Details
- Loan Number
- 6944327001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,439,000
- Current Approval
- $2,439,000
- Forgiveness Amount
- $2,470,165
- Forgiveness Date
- Jul 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Berglund Chevrolet
- Address
- 1824 Williamson Road
- City
- Roanoke
- State
- Virginia
- ZIP Code
- 24012-5228
- 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
- 268
- Estimated Revenue
- $67.5M
- Rural/Urban
- Urban
- Congressional District
- VA-06
Loan Use Breakdown
- Payroll
- $1,902,420
- Rent
- $439,020
- Utilities
- $73,170
- Mortgage Interest
- $24,390
Lender Information
- Servicing Lender
- Atlantic Union Bank
- Originating Lender
- Atlantic Union Bank
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