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
- City
- Jackson
- State
- Michigan
- 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
Other PPP Loans in Jackson, MI
| Business | Approved | |
|---|---|---|
| Dynamic Industrial Group LLC | $6,898,707 | |
| Melling Tool Co. | $6,029,000 | |
| Commonwealth Associates, Inc. | $4,992,800 | |
| America's Preferred Service Contract Administration, Inc. | $2,929,454 | |
| Center for Family Health | $2,903,300 |
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