ALBERT CHEVROLET, INC. (MI) - 2020 PPP Loan Borrower Profile (# 9057847001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERT CHEVROLET, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

9057847001

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$1,241,302

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$1,253,297.8

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

60,000

Payroll Proced

1,104,802

Mortgage Interest Proceed

Rent Proceed

76,500

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

Flint, MI

Project Location

Flint, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.