Young Chevrolet Cadillac INC
$1,972,813 PPP Loan in Owosso, Michigan
Loan Details
- Loan Number
- 7017197101
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,972,813
- Current Approval
- $1,972,813
- Forgiveness Amount
- $1,994,404
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Young Chevrolet Cadillac INC
- Address
- 1500 E. Main St
- City
- Owosso
- State
- Michigan
- ZIP Code
- 48867
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 185
- Estimated Revenue
- $46.6M
- Rural/Urban
- Rural
- Congressional District
- MI-07
Loan Use Breakdown
- Payroll
- $1,972,813
Lender Information
- Servicing Lender
- Fifth Third Bank
- Originating Lender
- Fifth Third Bank
Other PPP Loans in Owosso, MI
| Business | Approved | |
|---|---|---|
| Covenant Eyes INC | $2,962,500 |  Research |
| Pleasant View Shiawassee County Medical Care Facility | $2,694,087 | Research |
| Young Chevrolet Cadillac Inc. | $1,972,812 | Research |
| Indian Trails Inc. | $1,658,033 | Research |
| Indian Trails, Incorporated | $1,500,000 | Research |
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