PPP Loan information for Todd wenzel buick gmc of westland, inc.

$946,087

Todd wenzel buick gmc of westland, inc. was initially approved for PPP Loan of amount $946,087, the current approved amount is $946,087. The loan was approved on 04/07/2020 by The Mercantile Bank reported 72 jobs and $946,087 was used to fund payroll.

Todd wenzel buick gmc of westland, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WESTLAND / Todd wenzel buick gmc of westland, inc.

TODD WENZEL BUICK GMC OF WESTLAND, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TODD WENZEL BUICK GMC OF WESTLAND, INC.

Borrower Address

35100 FORD RD

Borrower City

WESTLAND

Borrower State

MI

Borrower Zip

48185-3198

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

946087.00

Current Approval Amount

946087.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTLAND

Project County Name

WAYNE

Project State

MI

Project Zip

48185-3198

CD

MI-12

Jobs Reported

72

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40906.00

Payroll Proceed

756870.00

Mortgage Interest Proceed

0.00

Rent Proceed

116594.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

31717

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

957051.24

Forgiveness Date

06/11/2021

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