PPP Loan information for Copper country ford lincoln mercury inc

$241,800

Copper country ford lincoln mercury inc was initially approved for PPP Loan of amount $241,800, the current approved amount is $241,800. The loan was approved on 04/09/2020 by The Superior National Bank reported 23 jobs and $241,800 was used to fund payroll.

Copper country ford lincoln mercury inc is Existing or more than 2 years old

COPPER COUNTRY FORD LINCOLN MERCURY INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COPPER COUNTRY FORD LINCOLN MERCURY INC

Borrower Address

47420 STATE HIGHWAY M26

Borrower City

HOUGHTON

Borrower State

MI

Borrower Zip

49931-2818

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241800.00

Current Approval Amount

241800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUGHTON

Project County Name

HOUGHTON

Project State

MI

Project Zip

49931-2818

CD

MI-01

Jobs Reported

23

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

221800.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

243575.41

Forgiveness Date

01/11/2021

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