Gary Lang Chevrolet, Inc.

$1,927,000 PPP Loan in Mchenry, Illinois

Loan Details

Loan Number
8656947004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,927,000
Current Approval
$1,927,000
Forgiveness Amount
$1,945,320
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gary Lang Chevrolet, Inc.
Address
1107 St Route 31
ZIP Code
60050
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
149
Estimated Revenue
$37.5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$1,927,000

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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