West Chevrolet, Inc.
$1,149,200 PPP Loan in Alcoa, Tennessee
Loan Details
- Loan Number
- 7288457000
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,149,200
- Current Approval
- $1,149,200
- Forgiveness Amount
- $1,159,256
- Forgiveness Date
- Mar 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- West Chevrolet, Inc.
- Address
- 3450 Alcoa Hwy
- City
- Alcoa
- State
- Tennessee
- ZIP Code
- 37701-3235
- 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
- 90
- Estimated Revenue
- $22.7M
- Rural/Urban
- Rural
- Congressional District
- TN-02
Loan Use Breakdown
- Payroll
- $899,147
- Rent
- $141,990
- Utilities
- $24,988
- Health Care
- $83,075
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
Other PPP Loans in Alcoa, TN
| Business | Approved | |
|---|---|---|
| Massey Construction INC | $2,394,400 | |
| Massey Construction Inc. | $2,000,000 | |
| Twin City Motors, Inc. | $1,364,859 | |
| Kenjo, Inc. | $1,311,992 | |
| Holston Annual Conference of the Umc | $1,147,700 |
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