AL BAUMANN CHEVROLET BUICK INC. (OH) - 2020 PPP Loan Borrower Profile (# 3854747208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AL BAUMANN CHEVROLET BUICK INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Ohio.

Loan Detail

Loan Number

3854747208

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$602,100

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$605,327.93

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,100

Payroll Proced

481,700

Mortgage Interest Proceed

26,300

Rent Proceed

40,000

Health Care Proceed

46,000

Lender

Waterford Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

FREMONT, OH

Project Location

FREMONT, OH

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.