Graff Chevrolet-Mt. Pleasant, Inc.

$449,167 PPP Loan in Mount Pleasant, Michigan

Loan Details

Loan Number
7333117101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$449,167
Current Approval
$449,167
Forgiveness Amount
$453,728
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Graff Chevrolet-Mt. Pleasant, Inc.
Address
4580 E. Pickard 0.0
ZIP Code
48858-2074
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
49
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$390,867
Rent
$46,000
Utilities
$5,300
Health Care
$7,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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