Ed Shults Chevrolet INC
$619,577 PPP Loan in Jamestown, New York
Loan Details
- Loan Number
- 7513377106
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $619,577
- Current Approval
- $619,577
- Forgiveness Amount
- $626,605
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ed Shults Chevrolet INC
- Address
- 300 Fluvanna Avenue
- City
- Jamestown
- State
- New York
- ZIP Code
- 14701
- 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
- 61
- Estimated Revenue
- $15.4M
- Rural/Urban
- Rural
- Congressional District
- NY-23
Loan Use Breakdown
- Payroll
- $452,293
- Rent
- $74,349
- Utilities
- $12,391
- Health Care
- $37,174
- Debt Interest
- $43,370
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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