Ourisman Chevrolet of Bowie INC

$1,266,100 PPP Loan in Bowie, Maryland

Loan Details

Loan Number
7241127009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,266,100
Current Approval
$1,022,234
Forgiveness Amount
$1,028,935
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ourisman Chevrolet of Bowie INC
Address
16610 Governor Bridge Rd
City
Bowie
ZIP Code
20716-3617
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
99
Estimated Revenue
$24.9M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$1,022,234

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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