Yemm Chevrolet, INC
$832,200 PPP Loan in Galesburg, Illinois
Loan Details
- Loan Number
- 7283017009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $832,200
- Current Approval
- $832,200
- Forgiveness Amount
- $839,135
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Yemm Chevrolet, INC
- Address
- 2195 N Henderson St
- City
- Galesburg
- State
- Illinois
- ZIP Code
- 61401-1358
- 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
- 86
- Estimated Revenue
- $21.7M
- Rural/Urban
- Urban
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $763,600
- Rent
- $56,000
- Utilities
- $12,600
Lender Information
- Servicing Lender
- Commerce Bank
- Originating Lender
- Commerce Bank
Other PPP Loans in Galesburg, IL
| Business | Approved | |
|---|---|---|
| Galesburg Hospital Corporation | $3,428,400 |  AI Deep Dive |
| Achievement Unlimited INC | $2,762,899 | AI Deep Dive |
| West Central Fs, Inc. | $2,681,310 | AI Deep Dive |
| Bridgeway Inc. | $2,428,239 | AI Deep Dive |
| Galesburg Hospital Corporation | $2,000,000 | AI Deep Dive |
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