Mike Savoie Chevrolet, Inc.

$1,082,367 PPP Loan in Troy, Michigan

Loan Details

Loan Number
3878607206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,082,367
Current Approval
$1,082,367
Forgiveness Amount
$1,091,748
Forgiveness Date
Mar 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike Savoie Chevrolet, Inc.
Address
1900 W Maple Rd
City
Troy
ZIP Code
48084-7105
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
102
Estimated Revenue
$25.7M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,082,367

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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