PPP Loan information for Joe lunghamer chevrolet inc

$1,249,917

Joe lunghamer chevrolet inc was initially approved for PPP Loan of amount $1,249,917, the current approved amount is $1,249,917. The loan was approved on 04/18/2021 by The PNC Bank, National Association reported 92 jobs and $1,249,917 was used to fund payroll.

Joe lunghamer chevrolet inc is Existing or more than 2 years old

JOE LUNGHAMER CHEVROLET INC

Date Approved

04/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JOE LUNGHAMER CHEVROLET INC

Borrower Address

475 Summit Dr 475 Summit Dr

Borrower City

Waterford

Borrower State

MI

Borrower Zip

48328-3368

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1249917.00

Current Approval Amount

1249917.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waterford

Project County Name

OAKLAND

Project State

MI

Project Zip

48328-3368

CD

MI-11

Jobs Reported

92

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1249917.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1257937.30

Forgiveness Date

12/10/2021

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