Sparta Chevrolet INC

$613,800 PPP Loan in Sparta, Michigan

Loan Details

Loan Number
7753087003
Date Approved
Apr 8, 2020
Loan Status
Exemption 4
Initial Approval
$613,800
Current Approval
$613,800
Forgiveness Amount
$550,888
Forgiveness Date
Feb 10, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Sparta Chevrolet INC
Address
8955 Sparta Ave NW
City
Sparta
ZIP Code
49345-9405
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
53
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$613,800

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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