PPP Loan information for Simms chevrolet company

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SIMMS CHEVROLET COMPANY

Borrower Address

4220 W Vienna Rd 0.0

Borrower City

Clio

Borrower State

MI

Borrower Zip

48420-0340

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

788965.00

Current Approval Amount

788965.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Clio

Project County Name

GENESEE

Project State

MI

Project Zip

48420-0340

CD

MI-08

Jobs Reported

61

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11000.00

Payroll Proceed

743920.00

Mortgage Interest Proceed

5045.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

798071.41

Forgiveness Date

06/14/2021