PPP Loan information for Mike young buick gmc, inc.

$636,000

Mike young buick gmc, inc. was initially approved for PPP Loan of amount $636,000, the current approved amount is $636,000. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 56 jobs and $636,000 was used to fund payroll.

Mike young buick gmc, inc. is Existing or more than 2 years old

MIKE YOUNG BUICK GMC, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MIKE YOUNG BUICK GMC, INC.

Borrower Address

312 N Main St

Borrower City

FRANKENMUTH

Borrower State

MI

Borrower Zip

48734-1114

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

636000.00

Current Approval Amount

636000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKENMUTH

Project County Name

SAGINAW

Project State

MI

Project Zip

48734-1114

CD

MI-04

Jobs Reported

56

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

636000.00

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

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

642360.00

Forgiveness Date

04/29/2021

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