American Chevrolet, Inc.

$1,388,000 PPP Loan in Hodgkins, Illinois

Loan Details

Loan Number
8863857004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,388,000
Current Approval
$1,388,000
Forgiveness Amount
$1,403,553
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Chevrolet, Inc.
Address
9510 W Joliet Road
ZIP Code
60525-4137
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
107
Estimated Revenue
$27.0M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$1,388,000

Lender Information

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

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