Young Automotive Group INC
$662,260 PPP Loan in Lansing, Michigan
Loan Details
- Loan Number
- 1822587106
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $662,260
- Current Approval
- $662,260
- Forgiveness Amount
- $670,283
- Forgiveness Date
- Jun 30, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Young Automotive Group INC
- Address
- 5737 South Pennsylvania Ave 0.0
- City
- Lansing
- State
- Michigan
- ZIP Code
- 48911-5212
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Kia Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 46
- Estimated Revenue
- $11.6M
- Rural/Urban
- Urban
- Congressional District
- MI-07
Loan Use Breakdown
- Payroll
- $496,695
- Rent
- $105,386
- Utilities
- $16,620
- Health Care
- $33,027
- Debt Interest
- $10,532
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Lansing, MI
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|---|---|---|
| Manpower of Lansing Michigan INC | $9,045,000 |  AI Deep Dive |
| Centralstar Cooperative Inc. | $5,385,793 | AI Deep Dive |
| Aoa Management Company Ltd Partnership | $5,218,290 | AI Deep Dive |
| Shaheen Automotive Group, Inc. | $4,729,385 | AI Deep Dive |
| Granger Construction Company | $4,682,300 | AI Deep Dive |
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