Wally Edgar Chevrolet INC
$1,172,955 PPP Loan in Lake Orion, Michigan
Loan Details
- Loan Number
- 7526037304
- Date Approved
- Apr 30, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,172,955
- Current Approval
- $1,172,955
- Forgiveness Amount
- $1,186,525
- Forgiveness Date
- Jun 30, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Wally Edgar Chevrolet INC
- Address
- 3805 S. Lapeer Rd 0.0
- City
- Lake Orion
- State
- Michigan
- ZIP Code
- 48360-2464
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 99
- Estimated Revenue
- $24.9M
- Rural/Urban
- Urban
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $883,952
- Rent
- $130,000
- Utilities
- $18,724
- Health Care
- $140,279
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Lake Orion, MI
| Business | Approved | |
|---|---|---|
| Complete Auto-Mation, Inc. | $3,624,400 | |
| Royal Roofing Co., Inc. | $3,532,500 | |
| Amt Services, Inc. | $2,323,500 | |
| Milosch's Palace Chrysler Jeep Dodge, Inc. | $1,921,098 | |
| 4d Systems LLC DBA Digital Manufacturing Solutions | $1,525,515 |
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