Morgan Mcclure Chevrolet Gmc, Inc.

$425,500 PPP Loan in Castlewood, Virginia

Loan Details

Loan Number
9326887110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$425,500
Current Approval
$425,500
Forgiveness Amount
$428,301
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morgan Mcclure Chevrolet Gmc, Inc.
Address
19363 Us-58 Alt.
ZIP Code
24224
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
39
Estimated Revenue
$9.8M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$425,500

Lender Information

Servicing Lender
Miners Exchange Bank
Originating Lender
Miners Exchange Bank

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