PPP Loan information for Berger chevrolet, inc

$3,496,300

Berger chevrolet, inc was initially approved for PPP Loan of amount $3,496,300, the current approved amount is $3,496,300. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 258 jobs and $3,496,300 was used to fund payroll.

Berger chevrolet, inc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Berger chevrolet, inc

BERGER CHEVROLET, INC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BERGER CHEVROLET, INC

Borrower Address

2525 28th Street SE 0.0

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49512-1616

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3496300.00

Current Approval Amount

3496300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49512-1616

CD

MI-03

Jobs Reported

258

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62765.00

Payroll Proceed

2629167.00

Mortgage Interest Proceed

0.00

Rent Proceed

220000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

380368.00

Debt Interest Proceed

204000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3536559.89

Forgiveness Date

06/11/2021

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