Graff Chevrolet-Durand, INC

$782,417 PPP Loan in Durand, Michigan

Loan Details

Loan Number
9951427107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$782,417
Current Approval
$782,417
Forgiveness Amount
$790,340
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Graff Chevrolet-Durand, INC
Address
9009 Lansing Rd 0.0
City
Durand
ZIP Code
48429-1055
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.2M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$695,617
Rent
$37,600
Utilities
$12,200
Health Care
$37,000

Lender Information

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

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