Matt Lafontaine Automotive, Inc.
$391,900 PPP Loan in Grayling, Michigan
Loan Details
- Loan Number
- 2175157103
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $391,900
- Current Approval
- $391,900
- Forgiveness Amount
- $394,484
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Matt Lafontaine Automotive, Inc.
- Address
- 8291 I 75 Business Loop
- City
- Grayling
- State
- Michigan
- ZIP Code
- 49738-7412
- Business Type
- 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
- 35
- Estimated Revenue
- $8.8M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $343,950
- Rent
- $22,167
- Utilities
- $5,408
- Debt Interest
- $20,375
Lender Information
- Servicing Lender
- Bank Michigan
- Originating Lender
- Bank Michigan
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