Watsons Manistee Chrysler INC

$269,525 PPP Loan in Manistee, Michigan

Loan Details

Loan Number
6922617004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$269,525
Current Approval
$269,525
Forgiveness Amount
$271,659
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Watsons Manistee Chrysler INC
Address
208 Parkdale Ave
ZIP Code
49660-1130
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
24
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$226,401
Rent
$21,562
Utilities
$8,086
Health Care
$10,781
Debt Interest
$2,695

Lender Information

Servicing Lender
Honor Bank
Originating Lender
Honor Bank

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