C. R. Motor Sales, Inc.

$248,500 PPP Loan in Hudson, Michigan

Loan Details

Loan Number
4738467008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$248,500
Current Approval
$248,500
Forgiveness Amount
$251,399
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
C. R. Motor Sales, Inc.
Address
518 S. Meridian Rd
City
Hudson
ZIP Code
49247-9341
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.0M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$198,800
Utilities
$12,425
Mortgage Interest
$37,275

Lender Information

Servicing Lender
County National Bank
Originating Lender
County National Bank

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