PPP Loan information for Ed rinke chevrolet buick gmc co

$2,357,583

Ed rinke chevrolet buick gmc co was initially approved for PPP Loan of amount $2,357,583, the current approved amount is $2,357,583. The loan was approved on 04/11/2020 by The Ally Bank reported 208 jobs and $2,357,583 was used to fund payroll.

Ed rinke chevrolet buick gmc co is Existing or more than 2 years old

PPP Loan Search / MI / CENTER LINE / Ed rinke chevrolet buick gmc co

ED RINKE CHEVROLET BUICK GMC CO

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ED RINKE CHEVROLET BUICK GMC CO

Borrower Address

26125 VAN DYKE AVE

Borrower City

CENTER LINE

Borrower State

MI

Borrower Zip

48015-1280

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2357583.00

Current Approval Amount

2357583.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CENTER LINE

Project County Name

MACOMB

Project State

MI

Project Zip

48015-1280

CD

MI-10

Jobs Reported

208

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2357583.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2384760.69

Forgiveness Date

06/11/2021

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