PPP Loan information for Mcdonald ford inc.

$425,000

Mcdonald ford inc. was initially approved for PPP Loan of amount $425,000, the current approved amount is $425,000. The loan was approved on 03/16/2021 by The The Huntington National Bank reported 36 jobs and $425,000 was used to fund payroll.

Mcdonald ford inc. is Existing or more than 2 years old

MCDONALD FORD INC.

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MCDONALD FORD INC.

Borrower Address

6790 Midland Rd

Borrower City

Freeland

Borrower State

MI

Borrower Zip

48623-8708

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

425000.00

Current Approval Amount

425000.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Freeland

Project County Name

SAGINAW

Project State

MI

Project Zip

48623-8708

CD

MI-08

Jobs Reported

36

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

425000.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

428539.73

Forgiveness Date

01/21/2022

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