Prestige Cadillac INC

$444,657 PPP Loan in Warren, Michigan

Loan Details

Loan Number
1972627100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$444,657
Current Approval
$444,657
Forgiveness Amount
$450,467
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Prestige Cadillac INC
Address
29900 Van Dyke Ave 0.0
City
Warren
ZIP Code
48093-2365
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
46
Estimated Revenue
$11.6M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$339,657
Rent
$60,000
Debt Interest
$45,000

Lender Information

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

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