PPP Loan information for Mark chevrolet, inc.

$719,997

Mark chevrolet, inc. was initially approved for PPP Loan of amount $719,997, the current approved amount is $719,997. The loan was approved on 04/10/2020 by The Ally Bank reported 48 jobs and $719,997 was used to fund payroll.

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

MARK CHEVROLET, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARK CHEVROLET, INC.

Borrower Address

33200 Michigan Ave

Borrower City

WAYNE

Borrower State

MI

Borrower Zip

48184-1876

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

719997.07

Current Approval Amount

719997.07

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

WAYNE

Project State

MI

Project Zip

48184-1876

CD

MI-13

Jobs Reported

48

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

719997.07

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

725877.05

Forgiveness Date

02/09/2021

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