Royal Chevrolet/cortland, Inc.

$548,183 PPP Loan in Cortland, New York

Loan Details

Loan Number
9055177106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$548,183
Current Approval
$548,183
Forgiveness Amount
$552,644
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Chevrolet/cortland, Inc.
Address
3838 Route 281
ZIP Code
13045
Business Type
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
55
Estimated Revenue
$13.9M
Rural/Urban
Rural
Congressional District
NY-19

Loan Use Breakdown

Payroll
$411,137
Rent
$68,523
Utilities
$68,523

Lender Information

Servicing Lender
Nbt Bank, National Association
Originating Lender
Nbt Bank, National Association

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