PPP Loan information for Freedom chevrolet, inc.

$322,300

Freedom chevrolet, inc. was initially approved for PPP Loan of amount $322,300, the current approved amount is $322,300. The loan was approved on 04/04/2020 by The Macatawa Bank reported 36 jobs and $322,300 was used to fund payroll.

Freedom chevrolet, inc. is Existing or more than 2 years old

PPP Loan Search / MI / FREMONT / Freedom chevrolet, inc.

FREEDOM CHEVROLET, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FREEDOM CHEVROLET, INC.

Borrower Address

7052 W 48TH ST

Borrower City

FREMONT

Borrower State

MI

Borrower Zip

49412-9508

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322300.00

Current Approval Amount

322300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREMONT

Project County Name

NEWAYGO

Project State

MI

Project Zip

49412-9508

CD

MI-02

Jobs Reported

36

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322300.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

324587.01

Forgiveness Date

12/30/2020

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