Burt Watson Chevrolet Buick, LLC
$406,400 PPP Loan in Reese, Michigan
Loan Details
- Loan Number
- 9896057001
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $406,400
- Current Approval
- $406,400
- Forgiveness Amount
- $411,277
- Forgiveness Date
- Jun 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Burt Watson Chevrolet Buick, LLC
- Address
- 10231 E Washington
- City
- Reese
- State
- Michigan
- ZIP Code
- 48757-9338
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 55
- Estimated Revenue
- $13.9M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $351,000
- Rent
- $42,000
- Utilities
- $6,400
- Health Care
- $7,000
Lender Information
- Servicing Lender
- 1st State Bank
- Originating Lender
- 1st State Bank
Other PPP Loans in Reese, MI
| Business | Approved | |
|---|---|---|
| Hausbeck Brothers, Inc. | $4,939,500 | |
| Hausbeck Brothers, Inc. | $2,000,000 | |
| Janson Equipment Co | $1,071,500 | |
| Burt Watson Chevrolet Buick LLC | $401,149 | |
| Beyerlein Electric INC | $234,700 |
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