Schmidt Chevrolet of Mt Vernon, INC
$380,957 PPP Loan in Mt Vernon, Illinois
Loan Details
- Loan Number
- 9988977003
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $380,957
- Current Approval
- $380,957
- Forgiveness Amount
- $385,935
- Forgiveness Date
- Aug 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schmidt Chevrolet of Mt Vernon, INC
- Address
- 3423 Broadway 0.0
- City
- Mt Vernon
- State
- Illinois
- ZIP Code
- 62864-2201
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- $7.6M
- Rural/Urban
- Rural
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $261,151
- Rent
- $60,000
- Utilities
- $6,958
- Health Care
- $40,000
- Debt Interest
- $12,848
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Mt Vernon, IL
| Business | Approved | |
|---|---|---|
| Tds Services INC | $1,049,100 |  AI Deep Dive |
| Ford Square of Mt Vernon, Ltd | $550,697 | AI Deep Dive |
| King City Chrysler Center, INC | $276,007 | AI Deep Dive |
| Short Team Inc, | $236,600 | AI Deep Dive |
| Opportunities for Access II | $119,900 | AI Deep Dive |
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