Mike Freeman Chevrolet INC

$86,175 PPP Loan in Fayette, Alabama

Loan Details

Loan Number
9473167008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$86,175
Current Approval
$86,175
Forgiveness Amount
$87,101
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike Freeman Chevrolet INC
Address
2352 Temple Ave
State
Alabama
ZIP Code
35555-1124
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
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$64,631
Utilities
$21,544

Lender Information

Servicing Lender
State Bank & Trust
Originating Lender
State Bank & Trust

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