Ken Houtz Chevrolet Buick, Inc.

$424,100 PPP Loan in Gloucester, Virginia

Loan Details

Loan Number
9171327002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$424,100
Current Approval
$424,100
Forgiveness Amount
$427,175
Forgiveness Date
Jan 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ken Houtz Chevrolet Buick, Inc.
Address
6404 George Washington Memorial Hwy
ZIP Code
23061-3772
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
VA-01

Loan Use Breakdown

Payroll
$332,070
Rent
$51,800
Utilities
$11,410
Health Care
$17,110
Debt Interest
$11,710

Lender Information

Servicing Lender
Chesapeake Bank
Originating Lender
Chesapeake Bank

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