PPP Loan information for Shelton buick gmc, inc.

$634,014

Shelton buick gmc, inc. was initially approved for PPP Loan of amount $561,400, the current approved amount is $634,014. The loan was approved on 04/13/2020 by The The Huntington National Bank reported 58 jobs and $634,014 was used to fund payroll.

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

SHELTON BUICK GMC, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHELTON BUICK GMC, INC.

Borrower Address

855 South Rochester Rd.

Borrower City

ROCHESTER

Borrower State

MI

Borrower Zip

48307-2741

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

561400.00

Current Approval Amount

634014.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OAKLAND

Project State

MI

Project Zip

48307-2741

CD

MI-10

Jobs Reported

58

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

634014.00

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

639989.36

Forgiveness Date

04/08/2021

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