PPP Loan information for Jay chevrolet, inc.

$1,978,107

Jay chevrolet, inc. was initially approved for PPP Loan of amount $1,978,107, the current approved amount is $1,978,107. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 161 jobs and $1,978,107 was used to fund payroll.

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

PPP Loan Search / MI / Highland / Jay chevrolet, inc.

JAY CHEVROLET, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JAY CHEVROLET, INC.

Borrower Address

3372 W. Highland Road 0.0

Borrower City

Highland

Borrower State

MI

Borrower Zip

48357-4000

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1978107.00

Current Approval Amount

1978107.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Highland

Project County Name

OAKLAND

Project State

MI

Project Zip

48357-4000

CD

MI-09

Jobs Reported

161

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

1483580.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

51492.00

Debt Interest Proceed

348035

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2002984.99

Forgiveness Date

07/19/2021

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