PPP Loan information for Young chevrolet cadillac inc

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

YOUNG CHEVROLET CADILLAC INC

Borrower Address

1500 E. MAIN ST

Borrower City

OWOSSO

Borrower State

MI

Borrower Zip

48867

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1972812.50

Current Approval Amount

1972812.50

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

OWOSSO

Project County Name

SHIAWASSEE

Project State

MI

Project Zip

48867-0001

CD

MI-04

Jobs Reported

185

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1972812.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1994403.84

Forgiveness Date

05/21/2021