Smith Chevrolet INC
$313,000 PPP Loan in Gallipolis, Ohio
Loan Details
- Loan Number
- 9929297000
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $313,000
- Current Approval
- $313,000
- Forgiveness Amount
- $315,633
- Forgiveness Date
- Feb 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Smith Chevrolet INC
- Address
- 1911 Eastern Ave
- City
- Gallipolis
- State
- Ohio
- ZIP Code
- 45631-1818
- 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
- 28
- Estimated Revenue
- $7.1M
- Rural/Urban
- Rural
- Congressional District
- OH-02
Loan Use Breakdown
- Payroll
- $294,000
- Rent
- $14,000
- Utilities
- $5,000
Lender Information
- Servicing Lender
- The Farmers Bank and Savings Company
- Originating Lender
- The Farmers Bank and Savings Company
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