PPP Loan information for Midway chevrolet, inc.

$345,900

Midway chevrolet, inc. was initially approved for PPP Loan of amount $345,900, the current approved amount is $345,900. The loan was approved on 04/07/2020 by The Macatawa Bank reported 30 jobs and $345,900 was used to fund payroll.

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

MIDWAY CHEVROLET, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MIDWAY CHEVROLET, INC.

Borrower Address

381 12TH ST

Borrower City

PLAINWELL

Borrower State

MI

Borrower Zip

49080-1157

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

345900.00

Current Approval Amount

345900.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLAINWELL

Project County Name

ALLEGAN

Project State

MI

Project Zip

49080-1157

CD

MI-06

Jobs Reported

30

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

345900.00

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

Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

348022.78

Forgiveness Date

11/30/2020

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