Southern Chevrolet INC

$743,100 PPP Loan in Foley, Alabama

Loan Details

Loan Number
9148567006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$743,100
Current Approval
$743,100
Forgiveness Amount
$749,623
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Chevrolet INC
Address
2255 S Mckenzie St
City
Foley
State
Alabama
ZIP Code
36535-1704
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$13.8M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$743,100

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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