PPP Loan information for Grand ledge ford inc

$887,700

Grand ledge ford inc was initially approved for PPP Loan of amount $887,700, the current approved amount is $887,700. The loan was approved on 04/11/2020 by The Michigan State University FCU reported 65 jobs and $887,700 was used to fund payroll.

Grand ledge ford inc is Existing or more than 2 years old

GRAND LEDGE FORD INC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRAND LEDGE FORD INC

Borrower Address

6080 E Saginaw Highway

Borrower City

Grand Ledge

Borrower State

MI

Borrower Zip

48837-9106

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

887700.00

Current Approval Amount

887700.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

99188

Servicing Lender Name

Michigan State University FCU

Servicing Lender Address

3777 West Rd

Servicing Lender City

EAST LANSING

Servicing Lender State

MI

Servicing Lender Zip

48823-8029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Ledge

Project County Name

EATON

Project State

MI

Project Zip

48837-9106

CD

MI-07

Jobs Reported

65

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

887700.00

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

99188

Originating Lender

Michigan State University FCU

Originating Lender City

EAST LANSING

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

893634.21

Forgiveness Date

12/15/2020

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