PPP Loan information for Burt watson chevrolet, inc.

$1,109,800

Burt watson chevrolet, inc. was initially approved for PPP Loan of amount $1,109,800, the current approved amount is $1,109,800. The loan was approved on 04/09/2020 by The 1st State Bank reported 109 jobs and $1,109,800 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

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BURT WATSON CHEVROLET, INC.

Borrower Address

7468 Midland Road

Borrower City

FREELAND

Borrower State

MI

Borrower Zip

48623-8940

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1109800.00

Current Approval Amount

1109800.00

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

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

23800.00

Payroll Proceed

974500.00

Mortgage Interest Proceed

0.00

Rent Proceed

79500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

32000.00

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

1123117.60

Forgiveness Date

06/24/2021

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