PPP Loan information for Demaagd gmc-nissan, inc.

$404,200

Demaagd gmc-nissan, inc. was initially approved for PPP Loan of amount $404,200, the current approved amount is $404,200. The loan was approved on 04/07/2020 by The Macatawa Bank reported 41 jobs and $404,200 was used to fund payroll.

Demaagd gmc-nissan, inc. is Existing or more than 2 years old

PPP Loan Search / MI / BATTLE CREEK / Demaagd gmc-nissan, inc.

DEMAAGD GMC-NISSAN, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEMAAGD GMC-NISSAN, INC.

Borrower Address

333 W DICKMAN RD

Borrower City

BATTLE CREEK

Borrower State

MI

Borrower Zip

49037-8454

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

404200.00

Current Approval Amount

404200.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BATTLE CREEK

Project County Name

CALHOUN

Project State

MI

Project Zip

49037-8454

CD

MI-04

Jobs Reported

41

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

404200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

406802.38

Forgiveness Date

12/09/2020

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