PPP Loan information for Fernelius ford, inc

$229,879

Fernelius ford, inc was initially approved for PPP Loan of amount $229,879, the current approved amount is $229,879. The loan was approved on 04/14/2020 by The Citizens National Bank of Cheboygan reported 22 jobs and $229,879 was used to fund payroll.

Fernelius ford, inc is Existing or more than 2 years old

FERNELIUS FORD, INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FERNELIUS FORD, INC

Borrower Address

10459 N. STRAITS HWY

Borrower City

CHEBOYGAN

Borrower State

MI

Borrower Zip

49721-9099

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229879.00

Current Approval Amount

229879.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

33683

Servicing Lender Name

Citizens National Bank of Cheboygan

Servicing Lender Address

303 N Main St

Servicing Lender City

CHEBOYGAN

Servicing Lender State

MI

Servicing Lender Zip

49721-1544

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHEBOYGAN

Project County Name

CHEBOYGAN

Project State

MI

Project Zip

49721-9099

CD

MI-01

Jobs Reported

22

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229879.00

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

33683

Originating Lender

Citizens National Bank of Cheboygan

Originating Lender City

CHEBOYGAN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

231858.51

Forgiveness Date

03/03/2021

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