Mcguire Chevrolet

$267,942 PPP Loan in Clare, Michigan

Loan Details

Loan Number
7483777106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$267,942
Current Approval
$267,942
Forgiveness Amount
$269,638
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcguire Chevrolet
Address
712 W 5th St
City
Clare
ZIP Code
48617
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$200,956
Health Care
$40,486
Mortgage Interest
$26,500

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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