Les Stanford Chevrolet Cadillac, Inc.

$1,470,502 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
9884257005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,470,502
Current Approval
$1,470,502
Forgiveness Amount
$1,488,596
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Les Stanford Chevrolet Cadillac, Inc.
Address
21730 Michigan Avenue 0.0
ZIP Code
48124-2350
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
173
Estimated Revenue
$43.6M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$1,252,885
Utilities
$31,667
Health Care
$53,950
Mortgage Interest
$132,000

Lender Information

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

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