Frank Boucher Chevrolet, Inc.

$935,922 PPP Loan in Racine, Wisconsin

Loan Details

Loan Number
8725937006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$935,922
Current Approval
$935,922
Forgiveness Amount
$946,801
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Frank Boucher Chevrolet, Inc.
Address
8600 Washington Avenue 0.0
City
Racine
ZIP Code
53406-3784
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$23.7M
Rural/Urban
Urban
Congressional District
WI-01

Loan Use Breakdown

Payroll
$745,466
Rent
$2,713
Utilities
$36,970
Health Care
$58,977
Mortgage Interest
$34,752
Debt Interest
$57,044

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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