Knapp Motors Inc.

$347,800 PPP Loan in Blissfield, Michigan

Loan Details

Loan Number
4470547006
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$347,800
Current Approval
$347,800
Forgiveness Amount
$350,428
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Knapp Motors Inc.
Address
11003 E US Highway 223
ZIP Code
49228-9567
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
25
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$260,879
Utilities
$17,355
Mortgage Interest
$69,567

Lender Information

Servicing Lender
County National Bank
Originating Lender
County National Bank

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