Hemel's Chevrolet Inc.

$116,635 PPP Loan in Colon, Michigan

Loan Details

Loan Number
3923348305
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$116,635
Current Approval
$116,635
Forgiveness Amount
$117,274
Forgiveness Date
Aug 12, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Hemel's Chevrolet Inc.
Address
215 E State St
City
Colon
ZIP Code
49040-9433
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
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$116,632
Utilities
$1

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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