Bishop Gmc, Inc.

$271,376 PPP Loan in Cheboygan, Michigan

Loan Details

Loan Number
7732387000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$271,376
Current Approval
$271,376
Forgiveness Amount
$273,196
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bishop Gmc, Inc.
Address
400 Mackinaw Ave
ZIP Code
49721-1000
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
33
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$220,000
Rent
$20,000
Utilities
$31,376

Lender Information

Servicing Lender
Central Savings Bank
Originating Lender
Central Savings Bank

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