PPP Loan information for Ed koehn chevrolet inc

$467,200

Ed koehn chevrolet inc was initially approved for PPP Loan of amount $467,200, the current approved amount is $467,200. The loan was approved on 01/31/2021 by The ChoiceOne Bank reported 46 jobs and $467,200 was used to fund payroll.

Ed koehn chevrolet inc is Existing or more than 2 years old

ED KOEHN CHEVROLET INC

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ED KOEHN CHEVROLET INC

Borrower Address

4650 14 Mile Rd NE

Borrower City

Rockford

Borrower State

MI

Borrower Zip

49341-9723

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

467200.00

Current Approval Amount

467200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

KENT

Project State

MI

Project Zip

49341-9723

CD

MI-03

Jobs Reported

46

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

467200.00

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

Subchapter S Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

470566.40

Forgiveness Date

11/09/2021

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