Don's Auto Clinic INC

$614,020 PPP Loan in Cadillac, Michigan

Loan Details

Loan Number
6684277002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$614,020
Current Approval
$614,020
Forgiveness Amount
$618,041
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Don's Auto Clinic INC
Address
1110 N Mitchell St
ZIP Code
49601-1259
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
50
Estimated Revenue
$12.6M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$491,216
Rent
$36,000
Utilities
$7,824
Health Care
$28,065
Debt Interest
$50,915

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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