# PPP loan: CHELSEA CHEVROLET BUICK
> **$676K** approved 04/10/2020 · Paid in Full · Loan `1726497103`
## Borrower
- **Name:** CHELSEA CHEVROLET BUICK
- **Address:** 11851 E MICHIGAN AVE, GRASS LAKE, MI, 49240-9219
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $676K
- **Initial approval:** $676K
- **Forgiven:** $680K (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $541K
- **Rent:** $125K
- **Utilities:** $10K
- **Jobs reported:** 59
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*