Schmidt Chevrolet of Mt. Vernon Inc.
$380,960 PPP Loan in Mount Vernon, Illinois
Loan Details
- Loan Number
- 7773838704
- Date Approved
- Apr 6, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $380,960
- Current Approval
- $380,960
- Forgiveness Amount
- $383,729
- Forgiveness Date
- Jan 3, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Schmidt Chevrolet of Mt. Vernon Inc.
- Address
- 3423 Broadway St
- City
- Mount Vernon
- State
- Illinois
- ZIP Code
- 62864-2201
- 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
- 30
- Estimated Revenue
- $7.6M
- Rural/Urban
- Rural
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $380,960
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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