PPP Loan information for Dean arbour ford-mercury of tawas, inc.

$323,700

Dean arbour ford-mercury of tawas, inc. was initially approved for PPP Loan of amount $323,700, the current approved amount is $323,700. The loan was approved on 04/06/2020 by The Huron Community Bank reported 31 jobs and $323,700 was used to fund payroll.

Dean arbour ford-mercury of tawas, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TAWAS CITY / Dean arbour ford-mercury of tawas, inc.

DEAN ARBOUR FORD-MERCURY OF TAWAS, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEAN ARBOUR FORD-MERCURY OF TAWAS, INC.

Borrower Address

55 W M 55

Borrower City

TAWAS CITY

Borrower State

MI

Borrower Zip

48763-8212

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323700.00

Current Approval Amount

323700.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

34506

Servicing Lender Name

Huron Community Bank

Servicing Lender Address

301 Newman St

Servicing Lender City

EAST TAWAS

Servicing Lender State

MI

Servicing Lender Zip

48730-1213

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAWAS CITY

Project County Name

IOSCO

Project State

MI

Project Zip

48763-8212

CD

MI-01

Jobs Reported

31

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

243700.00

Mortgage Interest Proceed

0.00

Rent Proceed

32000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

28000

Business Type

Corporation

Originating Lender Location Id

34506

Originating Lender

Huron Community Bank

Originating Lender City

EAST TAWAS

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

325849.01

Forgiveness Date

12/09/2020

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