PPP Loan information for Milnes chevrolet inc

$522,400

Milnes chevrolet inc was initially approved for PPP Loan of amount $522,400, the current approved amount is $522,400. The loan was approved on 04/10/2020 by The PNC Bank, National Association reported 52 jobs and $522,400 was used to fund payroll.

Milnes chevrolet inc is Existing or more than 2 years old

PPP Loan Search / MI / IMLAY CITY / Milnes chevrolet inc

MILNES CHEVROLET INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MILNES CHEVROLET INC

Borrower Address

1900 S CEDAR ST

Borrower City

IMLAY CITY

Borrower State

MI

Borrower Zip

48444-9602

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

522400.00

Current Approval Amount

522400.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IMLAY CITY

Project County Name

LAPEER

Project State

MI

Project Zip

48444-9602

CD

MI-09

Jobs Reported

52

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

522400.00

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

527696.56

Forgiveness Date

04/19/2021

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