Young Automotive Jackson INC

$326,890 PPP Loan in Jackson, Michigan

Loan Details

Loan Number
1869457110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$326,890
Current Approval
$326,890
Forgiveness Amount
$330,868
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Young Automotive Jackson INC
Address
3500 Page Ave 0.0
ZIP Code
49203-2320
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$245,167
Rent
$52,971
Utilities
$14,407
Health Care
$11,099
Mortgage Interest
$1,493
Debt Interest
$1,753

Lender Information

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

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