PPP Loan information for Fred lavery company

$862,480

Fred lavery company was initially approved for PPP Loan of amount $862,480, the current approved amount is $862,480. The loan was approved on 04/13/2020 by The Bank of Ann Arbor reported 60 jobs and $862,480 was used to fund payroll.

Fred lavery company is Existing or more than 2 years old

PPP Loan Search / MI / BIRMINGHAM / Fred lavery company

FRED LAVERY COMPANY

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRED LAVERY COMPANY

Borrower Address

34602 WOODWARD AVE

Borrower City

BIRMINGHAM

Borrower State

MI

Borrower Zip

48009-0924

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

862480.00

Current Approval Amount

862480.00

Undisbursed Amount

0.00

Franchise Name

Porsche Dealer Sales and Service Agreement

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-0924

CD

MI-11

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

862480.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

869261.69

Forgiveness Date

02/03/2021

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