PPP Loan information for Sparta chevrolet inc

$613,800

Sparta chevrolet inc was initially approved for PPP Loan of amount $613,800, the current approved amount is $613,800. The loan was approved on 04/08/2020 by The The Huntington National Bank reported 53 jobs and $613,800 was used to fund payroll.

Sparta chevrolet inc is Existing or more than 2 years old

PPP Loan Search / MI / SPARTA / Sparta chevrolet inc

SPARTA CHEVROLET INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPARTA CHEVROLET INC

Borrower Address

8955 Sparta Ave NW

Borrower City

SPARTA

Borrower State

MI

Borrower Zip

49345-9405

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

613800.00

Current Approval Amount

613800.00

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

SPARTA

Project County Name

KENT

Project State

MI

Project Zip

49345-9405

CD

MI-03

Jobs Reported

53

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

613800.00

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

Unanswered

Non Profit

Forgiveness Amount

550888.24

Forgiveness Date

02/10/2021

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