PPP Loan information for Downtown ford sales

$933,632

Downtown ford sales was initially approved for PPP Loan of amount $933,632, the current approved amount is $933,632. The loan was approved on 04/07/2020 by The Bank of Ann Arbor reported 90 jobs and $933,632 was used to fund payroll.

Downtown ford sales is Existing or more than 2 years old

DOWNTOWN FORD SALES

Date Approved

04/07/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

DOWNTOWN FORD SALES

Borrower Address

525 N 16TH ST

Borrower City

SACRAMENTO

Borrower State

CA

Borrower Zip

95811-0518

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

933632.22

Current Approval Amount

933632.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SACRAMENTO

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95811-0518

CD

CA-07

Jobs Reported

90

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

933632.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

941075.48

Forgiveness Date

02/03/2021

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