PPP Loan information for Burt watson chevrolet buick, llc

$406,400

Burt watson chevrolet buick, llc was initially approved for PPP Loan of amount $406,400, the current approved amount is $406,400. The loan was approved on 04/09/2020 by The 1st State Bank reported 55 jobs and $406,400 was used to fund payroll.

Burt watson chevrolet buick, llc is Existing or more than 2 years old

PPP Loan Search / MI / REESE / Burt watson chevrolet buick, llc

BURT WATSON CHEVROLET BUICK, LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BURT WATSON CHEVROLET BUICK, LLC

Borrower Address

10231 E Washington

Borrower City

REESE

Borrower State

MI

Borrower Zip

48757-9338

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406400.00

Current Approval Amount

406400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REESE

Project County Name

SAGINAW

Project State

MI

Project Zip

48757-9338

CD

MI-05

Jobs Reported

55

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6400.00

Payroll Proceed

351000.00

Mortgage Interest Proceed

0.00

Rent Proceed

42000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

411276.80

Forgiveness Date

06/24/2021

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