Simms Chevrolet Co.

$634,505 PPP Loan in Clio, Michigan

Loan Details

Loan Number
8019678609
Date Approved
Mar 24, 2021
Loan Status
Paid in Full
Initial Approval
$634,505
Current Approval
$634,505
Forgiveness Amount
$638,270
Forgiveness Date
Nov 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Simms Chevrolet Co.
Address
4220 W Vienna Rd
City
Clio
ZIP Code
48420-9454
Business Type
Cooperative
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
52
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$634,505

Lender Information

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

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