Parkview Motorcar, Inc.

$388,400 PPP Loan in Rochester Hills, Michigan

Loan Details

Loan Number
1406207305
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$388,400
Current Approval
$388,400
Forgiveness Amount
$391,507
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Parkview Motorcar, Inc.
Address
595 S. Rochester Rd
ZIP Code
48307-2734
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Mercedes-Benz - Passenger Car Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.1M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$310,750
Mortgage Interest
$77,650

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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