PPP Loan information for Burt watson chevrolet inc

$1,069,822

Burt watson chevrolet inc was initially approved for PPP Loan of amount $1,069,822, the current approved amount is $1,069,822. The loan was approved on 03/20/2021 by The 1st State Bank reported 109 jobs and $1,069,822 was used to fund payroll.

Burt watson chevrolet inc is Existing or more than 2 years old

PPP Loan Search / MI / Freeland / Burt watson chevrolet inc

BURT WATSON CHEVROLET INC

Date Approved

03/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BURT WATSON CHEVROLET INC

Borrower Address

7468 Midland Rd

Borrower City

Freeland

Borrower State

MI

Borrower Zip

48623-8940

Loan Status Date

02/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1069821.50

Current Approval Amount

1069821.50

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

Freeland

Project County Name

SAGINAW

Project State

MI

Project Zip

48623-8940

CD

MI-08

Jobs Reported

109

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1069820.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

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

1079004.13

Forgiveness Date

01/28/2022

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