PPP Loan information for Grass lake chevrolet

$593,034

Grass lake chevrolet was initially approved for PPP Loan of amount $593,034, the current approved amount is $593,034. The loan was approved on 02/09/2021 by The Chelsea State Bank reported 59 jobs and $593,034 was used to fund payroll.

Grass lake chevrolet is Existing or more than 2 years old

PPP Loan Search / MI / Grass Lake / Grass lake chevrolet

GRASS LAKE CHEVROLET

Date Approved

02/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GRASS LAKE CHEVROLET

Borrower Address

11851 E Michigan Ave

Borrower City

Grass Lake

Borrower State

MI

Borrower Zip

49240-9219

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

593033.60

Current Approval Amount

593033.60

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grass Lake

Project County Name

JACKSON

Project State

MI

Project Zip

49240-9219

CD

MI-07

Jobs Reported

59

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

593030.60

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

Limited Liability Company(LLC)

Originating Lender Location Id

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

424482.24

Forgiveness Date

07/12/2021

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