Date Approved
04/30/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
GALESBURG FORD INC
Borrower Address
10150 EAST MICHIGAN AVE
Borrower City
GALESBURG
Borrower State
MI
Borrower Zip
49053
Loan Status Date
01/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
267122.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Ford Motor Company Dealer Sales and Service Agreement
Servicing Lender Location Id
23955
Servicing Lender Name
Horizon Bank
Servicing Lender Address
515 Franklin Sq
Servicing Lender City
MICHIGAN CITY
Servicing Lender State
IN
Servicing Lender Zip
46360-3328
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
KALAMAZOO
Project State
Project Zip
49053-0001
CD
MI-04
Jobs Reported
21
NAICS Code
441110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
26712.00
Payroll Proceed
213697.00
Mortgage Interest Proceed
26713.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
268710.10
Forgiveness Date
12/09/2020