Bosak Motors of Michigan City LLC

$738,500 PPP Loan in Michigan City, Indiana

Loan Details

Loan Number
8627657001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$738,500
Current Approval
$738,500
Forgiveness Amount
$747,625
Forgiveness Date
Jul 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bosak Motors of Michigan City LLC
Address
710 E. US Highway 20
State
Indiana
ZIP Code
46360
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
IN-01

Loan Use Breakdown

Payroll
$738,500

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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