Sellers Automotive Inc.

$1,544,300 PPP Loan in Farmington, Michigan

Loan Details

Loan Number
9408557109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,544,300
Current Approval
$1,544,300
Forgiveness Amount
$1,561,816
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sellers Automotive Inc.
Address
38000 Grand River Ave
ZIP Code
48335-1508
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
120
Estimated Revenue
$30.2M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,544,300

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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