Todd Wenzel Buick Gmc of Davison, Inc.
$906,432 PPP Loan in Davison, Michigan
Loan Details
- Loan Number
- 7116557010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $906,432
- Current Approval
- $906,432
- Forgiveness Amount
- $912,367
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Todd Wenzel Buick Gmc of Davison, Inc.
- Address
- 1146 S State Rd
- City
- Davison
- State
- Michigan
- ZIP Code
- 48423-1906
- Business Type
- Subchapter S 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
- 79
- Estimated Revenue
- $19.9M
- Rural/Urban
- Urban
- Congressional District
- MI-08
Loan Use Breakdown
- Payroll
- $725,146
- Rent
- $100,000
- Utilities
- $18,545
- Debt Interest
- $62,741
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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|---|---|---|
| Mersino Dewatering INC | $3,366,465 |  Research |
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