Smith Chevrolet INC

$313,000 PPP Loan in Gallipolis, Ohio

Loan Details

Loan Number
7714988300
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$313,000
Current Approval
$313,000
Forgiveness Amount
$316,181
Forgiveness Date
Feb 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Smith Chevrolet INC
Address
1911 Eastern Ave
State
Ohio
ZIP Code
45631-1818
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
25
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
OH-02

Loan Use Breakdown

Payroll
$312,998
Utilities
$1

Lender Information

Servicing Lender
The Farmers Bank and Savings Company
Originating Lender
The Farmers Bank and Savings Company

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