Simms Chevrolet Company
$788,965 PPP Loan in Clio, Michigan
Loan Details
- Loan Number
- 3330177104
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $788,965
- Current Approval
- $788,965
- Forgiveness Amount
- $798,071
- Forgiveness Date
- Jun 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Simms Chevrolet Company
- Address
- 4220 W Vienna Rd 0.0
- City
- Clio
- State
- Michigan
- ZIP Code
- 48420-0340
- Business Type
- Cooperative
- 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
- 61
- Estimated Revenue
- $15.4M
- Rural/Urban
- Urban
- Congressional District
- MI-08
Loan Use Breakdown
- Payroll
- $743,920
- Utilities
- $11,000
- Health Care
- $29,000
- Mortgage Interest
- $5,045
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Clio, MI
| Business | Approved | |
|---|---|---|
| The Continuum of Clio, Inc. | $1,726,882 |  Research |
| Quality Pool Supply Company | $936,534 | Research |
| Signature Truck System,s LLC | $898,595 | Research |
| Webster & Garner INC | $872,000 | Research |
| Blue Lakes Charters and Tours INC | $743,000 | Research |
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