Mike Reed Chevrolet, INC
$448,200 PPP Loan in Hinesville, Georgia
Loan Details
- Loan Number
- 8856877001
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $448,200
- Current Approval
- $448,200
- Forgiveness Amount
- $452,022
- Forgiveness Date
- Feb 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mike Reed Chevrolet, INC
- Address
- 1559 E. Oglethorpe Highway
- City
- Hinesville
- State
- Georgia
- ZIP Code
- 31313-1209
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441120)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 47
- Estimated Revenue
- $11.8M
- Rural/Urban
- Urban
- Congressional District
- GA-01
Loan Use Breakdown
- Payroll
- $336,150
- Rent
- $112,050
Lender Information
- Servicing Lender
- The First Bank
- Originating Lender
- Heritage Bank, a Division of the First Bank
Other PPP Loans in Hinesville, GA
| Business | Approved | |
|---|---|---|
| Hospital Authority of Liberty County | $4,529,200 | |
| Coastal Georgia Area Community Action Authority, INC | $1,813,700 | |
| Coastal Georgia Area Community Action Authority Inc. | $1,655,600 | |
| Doddco INC | $489,722 | |
| David Mcdonald-Enterprise INC | $451,925 |
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