Lou Bachrodt Chvrolet Co
$1,064,700 PPP Loan in Rockford, Illinois
Loan Details
- Loan Number
- 8098147103
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,064,700
- Current Approval
- $1,064,700
- Forgiveness Amount
- $1,078,452
- Forgiveness Date
- Aug 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lou Bachrodt Chvrolet Co
- Address
- 7070 Cherryvale North Blvd
- City
- Rockford
- State
- Illinois
- ZIP Code
- 61112-1002
- 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
- 141
- Estimated Revenue
- $35.5M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $1,064,700
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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