Mike Shannon Automotive INC

$3,326,610 PPP Loan in Fond Du Lac, Wisconsin

Loan Details

Loan Number
9598177004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$3,326,610
Current Approval
$3,326,610
Forgiveness Amount
$3,365,188
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike Shannon Automotive INC
Address
321 N Rolling Meadows Drive 0.0
ZIP Code
54937-9726
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
332
Estimated Revenue
$83.7M
Rural/Urban
Rural
Congressional District
WI-06

Loan Use Breakdown

Payroll
$2,860,610
Rent
$200,000
Utilities
$50,000
Health Care
$136,000
Debt Interest
$80,000

Lender Information

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

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