PPP Loan information for Young automotive group inc

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

YOUNG AUTOMOTIVE GROUP INC

Borrower Address

5737 South Pennsylvania Ave 0.0

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48911-5212

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

662260.00

Current Approval Amount

662260.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48911-5212

CD

MI-07

Jobs Reported

46

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16620.00

Payroll Proceed

496695.00

Mortgage Interest Proceed

0.00

Rent Proceed

105386.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33027.00

Debt Interest Proceed

10532

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

670282.54

Forgiveness Date

06/30/2021