Michael Bates Chevrolet, Inc.
$872,700 PPP Loan in Woodhaven, Michigan
Loan Details
- Loan Number
- 4052887109
- Date Approved
- Apr 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $872,700
- Current Approval
- $872,700
- Forgiveness Amount
- $882,718
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Michael Bates Chevrolet, Inc.
- Address
- 23755 Allen Rd
- City
- Woodhaven
- State
- Michigan
- ZIP Code
- 48183
- 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
- 70
- Estimated Revenue
- $17.6M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $872,700
Lender Information
- Servicing Lender
- Live Oak Banking Company
- Originating Lender
- Live Oak Banking Company
Other PPP Loans in Woodhaven, MI
| Business | Approved | |
|---|---|---|
| Gorno Bros., Inc. | $1,436,100 | |
| Applewood Nursing Center INC | $1,164,480 | |
| Feldman of Woodhaven, LLC | $1,141,455 | |
| Michael Bates Chevrolet Inc. | $721,990 | |
| Mastrofrancesco Afc Inc. | $546,149 |
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