Taylor Chevrolet INC

$970,913 PPP Loan in Taylor, Michigan

Loan Details

Loan Number
1783718710
Date Approved
Mar 27, 2021
Loan Status
Paid in Full
Initial Approval
$970,913
Current Approval
$970,913
Forgiveness Amount
$978,950
Forgiveness Date
Jan 31, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Taylor Chevrolet INC
Address
13801 Telegraph Rd
City
Taylor
ZIP Code
48180-4640
Business Type
Subchapter S 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
72
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$970,911
Utilities
$1

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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