Suburban Motors Company, LLC

$3,008,000 PPP Loan in Troy, Michigan

Loan Details

Loan Number
1986257108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$3,008,000
Current Approval
$3,008,000
Forgiveness Amount
$3,041,459
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Suburban Motors Company, LLC
Address
1810 Maplelawn
City
Troy
ZIP Code
48084
Business Type
Limited Liability Company(llc)
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
222
Estimated Revenue
$55.9M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$3,008,000

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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