Young Chevrolet Cadillac Inc.

$1,972,812 PPP Loan in Owosso, Michigan

Loan Details

Loan Number
1710518708
Date Approved
Mar 27, 2021
Loan Status
Paid in Full
Initial Approval
$1,972,812
Current Approval
$1,972,812
Forgiveness Amount
$1,982,950
Forgiveness Date
Oct 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Young Chevrolet Cadillac Inc.
Address
1500 N. Main St.
City
Owosso
ZIP Code
48867
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
183
Estimated Revenue
$46.1M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$1,972,812

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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