PPP Loan information for Imlay city ford, inc.

$758,880

Imlay city ford, inc. was initially approved for PPP Loan of amount $758,880, the current approved amount is $758,880. The loan was approved on 04/15/2020 by The ChoiceOne Bank reported 60 jobs and $758,880 was used to fund payroll.

Imlay city ford, inc. is Existing or more than 2 years old

PPP Loan Search / MI / IMLAY CITY / Imlay city ford, inc.

IMLAY CITY FORD, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

IMLAY CITY FORD, INC.

Borrower Address

1788 CEDAR ST

Borrower City

IMLAY CITY

Borrower State

MI

Borrower Zip

48444-9779

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

758879.57

Current Approval Amount

758879.57

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IMLAY CITY

Project County Name

LAPEER

Project State

MI

Project Zip

48444-9779

CD

MI-09

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

577286.00

Mortgage Interest Proceed

151775.91

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29817.66

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

763702.56

Forgiveness Date

12/09/2020

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