Marty Feldman Chevrolet, INC

$1,513,575 PPP Loan in Novi, Michigan

Loan Details

Loan Number
1458907109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,513,575
Current Approval
$1,513,575
Forgiveness Amount
$1,532,240
Forgiveness Date
Jul 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marty Feldman Chevrolet, INC
Address
42355 Grand River Avenue 0.0
City
Novi
ZIP Code
48375-1839
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$27.0M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$1,135,181
Utilities
$25,000
Health Care
$37,636
Mortgage Interest
$35,649
Debt Interest
$280,109

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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