# PPP loan: GRASS LAKE CHEVROLET
> **$593K** approved 02/09/2021 · Paid in Full · Loan `5682898401`
## Borrower
- **Name:** GRASS LAKE CHEVROLET
- **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:** $593K
- **Initial approval:** $593K
- **Forgiven:** $424K (72%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $593K
- **Utilities:** $1
- **Jobs reported:** 59
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*