Schukei Chevrolet, Inc.

$324,700 PPP Loan in Mason City, Iowa

Loan Details

Loan Number
6980527010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$324,700
Current Approval
$324,700
Forgiveness Amount
$327,496
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schukei Chevrolet, Inc.
Address
721 S Monroe Ave
State
Iowa
ZIP Code
50401-5042
Business Type
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
29
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$260,000
Rent
$30,000
Utilities
$15,000
Health Care
$19,700

Lender Information

Servicing Lender
Clear Lake Bank & Trust Company
Originating Lender
Clear Lake Bank & Trust Company

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