PPP Loan information for Legend motors of waterford inc

$64,645

Legend motors of waterford inc was initially approved for PPP Loan of amount $64,645, the current approved amount is $64,645. The loan was approved on 01/25/2021 by The The Farmers & Merchants State Bank reported 15 jobs and $64,645 was used to fund payroll.

Legend motors of waterford inc is Existing or more than 2 years old

PPP Loan Search / MI / Waterford / Legend motors of waterford inc

LEGEND MOTORS OF WATERFORD INC

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LEGEND MOTORS OF WATERFORD INC

Borrower Address

90 S Telegraph Rd

Borrower City

Waterford

Borrower State

MI

Borrower Zip

48328-3863

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64645.00

Current Approval Amount

64645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waterford

Project County Name

OAKLAND

Project State

MI

Project Zip

48328-3863

CD

MI-11

Jobs Reported

15

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

64642.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64974.42

Forgiveness Date

08/04/2021

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