Description
This is a special purpose vehicle created by Chrysler to disburse loan money to its parts suppliers. The government originally committed $1.5 billion to Chrysler suppliers, but reduced that amount to $1 billion on 7/1/09.
Eye on the Bailout
Chrysler Receivables SPV LLC
| Committed: | $1,000,000,000 | ||||
| Disbursed: | $123,076,735 | Returned: | $123,076,735 | Revenue to Gov't: | $4,563,152 |
| Net Outstanding: | $4,563,152 | ||||
Jump to listing of transactions
| 0.2% | of all bailout funds committed. |
| 1.5% | of the Auto Company industry bailout. |
Events
-
$1B
Apr. 9, 2009 Debt Obligation w/ Additional Note
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
$123.1M has actually been disbursed.
- Apr. 9, 2009: $123.1M
-
$19.4Th
May 6, 2009 Interest Payment
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
-
$574.9Th
Jun. 4, 2009 Interest Payment
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
-
$556.4Th
Jul. 6, 2009 Interest Payment
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
-
$574.9Th
Aug. 5, 2009 Interest Payment
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
-
$574.9Th
Sep. 4, 2009 Interest Payment
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
-
$556.4Th
Oct. 6, 2009 Interest Payment
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
-
$574.9Th
Nov. 4, 2009 Interest Payment
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
-
$556.4Th
Dec. 4, 2009 Interest Payment
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
-
$574.9Th
Jan. 6, 2010 Interest Payment
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
-
$123.1M
Mar. 9, 2010 Repayment
Part of the Auto Supplier Support Program
More info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 03/09/2010 | Refund | $123,076,735 | ASSP | Repayment |
| 01/06/2010 | Interest | $574,920 | ASSP | Interest Payment |
| 12/04/2009 | Interest | $556,374 | ASSP | Interest Payment |
| 11/04/2009 | Interest | $574,920 | ASSP | Interest Payment |
| 10/06/2009 | Interest | $556,374 | ASSP | Interest Payment |
| 09/04/2009 | Interest | $574,920 | ASSP | Interest Payment |
| 08/05/2009 | Interest | $574,920 | ASSP | Interest Payment |
| 07/06/2009 | Interest | $556,374 | ASSP | Interest Payment |
| 06/04/2009 | Interest | $574,920 | ASSP | Interest Payment |
| 05/06/2009 | Interest | $19,429 | ASSP | Interest Payment |
| 04/09/2009 | Loan | $1,000,000,000 | ASSP | Debt Obligation w/ Additional Note |
For our blog, resources and more, see our main bailout page.
TARP Watchdog Launches Audit of Bailout Contracts 2/9
Chase Denied Loan Mods for Now Forbidden Reason—Homeowners in Limbo 2/4
Homeowners Say Banks Not Following Rules for Loan Modifications 1/14
Loan Mod Program Delays Even Worse for Those Struggling Not to Fall Behind 12/21
Bailout Breakdown: Losses Likely to Be Larger Than Treasury Estimates 12/11
Interactive Chart Shows Breakdown of Slow-Moving Loan Mod Program 12/11
Homeowners Getting Blame for Lack of Loan Mods, but Evidence Points to Banks and Servicers, Too 12/9
Bailout Balance Sheet December 2009: Taxpayers’ Revenues Grow, but So Do Losses 12/3
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