PPP Loan information for Mcdonald chevrolet inc

$324,902

Mcdonald chevrolet inc was initially approved for PPP Loan of amount $324,902, the current approved amount is $324,902. The loan was approved on 02/23/2021 by The The Huntington National Bank reported 33 jobs and $324,902 was used to fund payroll.

Mcdonald chevrolet inc is Existing or more than 2 years old

PPP Loan Search / MI / Millington / Mcdonald chevrolet inc

MCDONALD CHEVROLET INC

Date Approved

02/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MCDONALD CHEVROLET INC

Borrower Address

9007 State Rd

Borrower City

Millington

Borrower State

MI

Borrower Zip

48746-8902

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

324902.00

Current Approval Amount

324902.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millington

Project County Name

TUSCOLA

Project State

MI

Project Zip

48746-8902

CD

MI-05

Jobs Reported

33

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

324899.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326789.10

Forgiveness Date

09/27/2021

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