As part of the Paycheck Protection Program KARL CHEVROLET INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

KARL CHEVROLET INC


Loan Amount	$5,271,947
BusinessName	KARL CHEVROLET INC
Address	1101 SE ORALABOR RD
City	ANKENY
State	IA
Zip	50021
NAICSCode	441110
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported
DateApproved	04/11/2020
Lender	Ally Bank
CD	IA-03
BusinessName.clean	KARL CHEVROLET

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

KARL FLAMMER FORD
AMELIES HOLDINGS
KARL KNAUZ MOTORS
KARL SENNER
KARL TYLER CHEVROLET