PPP Loan information for Ford minority dealers association

$32,600

Ford minority dealers association was initially approved for PPP Loan of amount $32,600, the current approved amount is $32,600. The loan was approved on 04/12/2020 by The Live Oak Banking Company reported 2 jobs and $32,600 was used to fund payroll.

Ford minority dealers association is Existing or more than 2 years old

FORD MINORITY DEALERS ASSOCIATION

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FORD MINORITY DEALERS ASSOCIATION

Borrower Address

29500 Suite 326 Greenfield Rd

Borrower City

Oak Park

Borrower State

MI

Borrower Zip

48327

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32600.00

Current Approval Amount

32600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Park

Project County Name

OAKLAND

Project State

MI

Project Zip

48327-0899

CD

MI-11

Jobs Reported

2

NAICS Code

441110

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32600.00

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

Non-Profit Organization

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

32836.68

Forgiveness Date

01/11/2021

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