PPP Loan information for Frank beck chevrolet company

$477,397

Frank beck chevrolet company was initially approved for PPP Loan of amount $477,397, the current approved amount is $477,397. The loan was approved on 04/21/2021 by The Southern Michigan Bank & Trust reported 44 jobs and $477,397 was used to fund payroll.

Frank beck chevrolet company is Existing or more than 2 years old

FRANK BECK CHEVROLET COMPANY

Date Approved

04/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FRANK BECK CHEVROLET COMPANY

Borrower Address

3750 W Carleton Rd

Borrower City

Hillsdale

Borrower State

MI

Borrower Zip

49242-5051

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

477397.00

Current Approval Amount

477397.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hillsdale

Project County Name

HILLSDALE

Project State

MI

Project Zip

49242-5051

CD

MI-05

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

477394.00

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

Corporation

Originating Lender Location Id

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

479045.00

Forgiveness Date

09/01/2021

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