PPP Loan information for Simms chevrolet co.

$634,505

Simms chevrolet co. was initially approved for PPP Loan of amount $634,505, the current approved amount is $634,505. The loan was approved on 03/24/2021 by The JPMorgan Chase Bank, National Association reported 52 jobs and $634,505 was used to fund payroll.

Simms chevrolet co. is Existing or more than 2 years old

PPP Loan Search / MI / Clio / Simms chevrolet co.

SIMMS CHEVROLET CO.

Date Approved

03/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SIMMS CHEVROLET CO.

Borrower Address

4220 W Vienna Rd

Borrower City

Clio

Borrower State

MI

Borrower Zip

48420-9454

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

634505.00

Current Approval Amount

634505.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clio

Project County Name

GENESEE

Project State

MI

Project Zip

48420-9454

CD

MI-08

Jobs Reported

52

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

634505.00

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

Cooperative

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

638270.43

Forgiveness Date

11/01/2021

;