PPP Loan information for Ford insurance agency, inc.

$287,500

Ford insurance agency, inc. was initially approved for PPP Loan of amount $287,500, the current approved amount is $287,500. The loan was approved on 04/29/2020 by The State Savings Bank reported 22 jobs and $287,500 was used to fund payroll.

Ford insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / Ford insurance agency, inc.

FORD INSURANCE AGENCY, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FORD INSURANCE AGENCY, INC.

Borrower Address

920 S GARFIELD AVE

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-3490

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287500.00

Current Approval Amount

287500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34939

Servicing Lender Name

State Savings Bank

Servicing Lender Address

703 Main St

Servicing Lender City

FRANKFORT

Servicing Lender State

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-0600

CD

MI-01

Jobs Reported

22

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1200.00

Payroll Proceed

271300.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290091.44

Forgiveness Date

03/31/2021

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