PPP Loan information for Merrill ford okemos inc

$548,300

Merrill ford okemos inc was initially approved for PPP Loan of amount $548,300, the current approved amount is $548,300. The loan was approved on 04/10/2020 by The Michigan State University FCU reported 65 jobs and $548,300 was used to fund payroll.

Merrill ford okemos inc is New Business or 2 years or less

PPP Loan Search / MI / Okemos / Merrill ford okemos inc

MERRILL FORD OKEMOS INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERRILL FORD OKEMOS INC

Borrower Address

1830 W Grand River Ave

Borrower City

Okemos

Borrower State

MI

Borrower Zip

48864-1806

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

548300.00

Current Approval Amount

548300.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Okemos

Project County Name

INGHAM

Project State

MI

Project Zip

48864-1806

CD

MI-07

Jobs Reported

65

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

548300.00

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

551965.35

Forgiveness Date

12/15/2020

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