PPP Loan information for Ed koehn ford of wayland inc

$339,000

Ed koehn ford of wayland inc was initially approved for PPP Loan of amount $339,000, the current approved amount is $339,000. The loan was approved on 04/08/2020 by The Commercial Bank reported 34 jobs and $339,000 was used to fund payroll.

Ed koehn ford of wayland inc is Existing or more than 2 years old

ED KOEHN FORD OF WAYLAND INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ED KOEHN FORD OF WAYLAND INC

Borrower Address

1159 W SUPERIOR ST

Borrower City

WAYLAND

Borrower State

MI

Borrower Zip

49348-1264

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339000.00

Current Approval Amount

339000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYLAND

Project County Name

ALLEGAN

Project State

MI

Project Zip

49348-1264

CD

MI-03

Jobs Reported

34

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

42375.00

Payroll Proceed

254250.00

Mortgage Interest Proceed

0.00

Rent Proceed

42375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

342027.78

Forgiveness Date

03/10/2021

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