Mcdonald Chevrolet INC

$324,902 PPP Loan in Millington, Michigan

Loan Details

Loan Number
3315718501
Date Approved
Feb 23, 2021
Loan Status
Paid in Full
Initial Approval
$324,902
Current Approval
$324,902
Forgiveness Amount
$326,789
Forgiveness Date
Sep 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mcdonald Chevrolet INC
Address
9007 State Rd
ZIP Code
48746-8902
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
33
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$324,899
Utilities
$1

Lender Information

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

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