Davidson Chevrolet Cadillac, Inc.

$534,000 PPP Loan in Watertown, New York

Loan Details

Loan Number
9424857007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$534,000
Current Approval
$534,000
Forgiveness Amount
$539,047
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Davidson Chevrolet Cadillac, Inc.
Address
18579 US Route 11
ZIP Code
13601
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$14.4M
Rural/Urban
Rural
Congressional District
NY-24

Loan Use Breakdown

Payroll
$400,500
Utilities
$66,750
Mortgage Interest
$66,750

Lender Information

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

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