PPP Loan information for Ferndale oil & lube center inc

$92,500

Ferndale oil & lube center inc was initially approved for PPP Loan of amount $92,500, the current approved amount is $92,500. The loan was approved on 04/06/2020 by The The Huntington National Bank reported 8 jobs and $92,500 was used to fund payroll.

Ferndale oil & lube center inc is Existing or more than 2 years old

PPP Loan Search / MI / FERNDALE / Ferndale oil & lube center inc

FERNDALE OIL & LUBE CENTER INC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FERNDALE OIL & LUBE CENTER INC

Borrower Address

651 E 9 MILE ROAD

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220-1964

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92500.00

Current Approval Amount

92500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-1964

CD

MI-11

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92500.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93331.23

Forgiveness Date

03/19/2021

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