Grass Lake Chevrolet

$593,034 PPP Loan in Grass Lake, Michigan

Loan Details

Loan Number
5682898401
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$593,034
Current Approval
$593,034
Forgiveness Amount
$424,482
Forgiveness Date
Jul 12, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Grass Lake Chevrolet
Address
11851 E Michigan Ave
ZIP Code
49240-9219
Business Type
Limited Liability Company(llc)
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
59
Estimated Revenue
$14.9M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$593,031
Utilities
$1

Lender Information

Servicing Lender
Chelsea State Bank
Originating Lender
Chelsea State Bank

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