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
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

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