Young Automotive Group Inc.

$662,260 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
8535738501
Date Approved
Mar 10, 2021
Loan Status
Paid in Full
Initial Approval
$662,260
Current Approval
$662,260
Forgiveness Amount
$667,254
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Young Automotive Group Inc.
Address
5737 S Pennsylvania Ave
ZIP Code
48911-5212
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Kia Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$11.8M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$662,260

Lender Information

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

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