Todd Wenzel Buick Gmc of Westland, Inc.
$946,087 PPP Loan in Westland, Michigan
Loan Details
- Loan Number
- 7089537008
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $946,087
- Current Approval
- $946,087
- Forgiveness Amount
- $957,051
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Todd Wenzel Buick Gmc of Westland, Inc.
- Address
- 35100 Ford Rd
- City
- Westland
- State
- Michigan
- ZIP Code
- 48185-3198
- 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
- 72
- Estimated Revenue
- $18.1M
- Rural/Urban
- Urban
- Congressional District
- MI-12
Loan Use Breakdown
- Payroll
- $756,870
- Rent
- $116,594
- Utilities
- $40,906
- Debt Interest
- $31,717
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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