PPP Loan information for Young chevrolet buick gmc of ionia, inc.

$355,300

Young chevrolet buick gmc of ionia, inc. was initially approved for PPP Loan of amount $355,300, the current approved amount is $355,300. The loan was approved on 04/12/2020 by The Independent Bank reported 29 jobs and $355,300 was used to fund payroll.

Young chevrolet buick gmc of ionia, inc. is Existing or more than 2 years old

YOUNG CHEVROLET BUICK GMC OF IONIA, INC.

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

YOUNG CHEVROLET BUICK GMC OF IONIA, INC.

Borrower Address

3669 S STATE RD

Borrower City

IONIA

Borrower State

MI

Borrower Zip

48846-9477

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355300.00

Current Approval Amount

355300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IONIA

Project County Name

IONIA

Project State

MI

Project Zip

48846-9477

CD

MI-02

Jobs Reported

29

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

355300.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

357244.28

Forgiveness Date

11/05/2020

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