Dean Arbour Chevrolet, Inc.

$366,700 PPP Loan in East Tawas, Michigan

Loan Details

Loan Number
5451697004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$366,700
Current Approval
$366,700
Forgiveness Amount
$369,134
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Dean Arbour Chevrolet, Inc.
Address
1859 US 23
ZIP Code
48730-9340
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
33
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$275,700
Rent
$37,000
Utilities
$10,000
Health Care
$12,000
Debt Interest
$32,000

Lender Information

Servicing Lender
Huron Community Bank
Originating Lender
Huron Community Bank

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