Jay Chevrolet, Inc.
$1,978,107 PPP Loan in Highland, Michigan
Loan Details
- Loan Number
- 9041967008
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,978,107
- Current Approval
- $1,978,107
- Forgiveness Amount
- $2,002,985
- Forgiveness Date
- Jul 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Jay Chevrolet, Inc.
- Address
- 3372 W. Highland Road 0.0
- City
- Highland
- State
- Michigan
- ZIP Code
- 48357-4000
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 161
- Estimated Revenue
- $40.6M
- Rural/Urban
- Urban
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $1,483,580
- Rent
- $70,000
- Utilities
- $25,000
- Health Care
- $51,492
- Debt Interest
- $348,035
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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