As part of the Paycheck Protection Program LYNN LAYTON 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.

LYNN LAYTON CHEVROLET INC


Loan Amount	$1,070,070
BusinessName	LYNN LAYTON CHEVROLET INC
Address	2416 Highway 31 South
City	DECATUR
State	AL
Zip	35601
NAICSCode	441110
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	94
DateApproved	04/04/2020
Lender	Progress Bank and Trust
CD	AL-05
BusinessName.clean	LYNN LAYTON 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.

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