PPP Loan information for Ordus ford inc.

$164,865

Ordus ford inc. was initially approved for PPP Loan of amount $164,865, the current approved amount is $164,865. The loan was approved on 04/15/2020 by The Independent Bank reported 20 jobs and $164,865 was used to fund payroll.

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

ORDUS FORD INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ORDUS FORD INC.

Borrower Address

123 S. PORT CRESCENT ST

Borrower City

BAD AXE

Borrower State

MI

Borrower Zip

48413-1329

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164865.00

Current Approval Amount

164865.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAD AXE

Project County Name

HURON

Project State

MI

Project Zip

48413-1329

CD

MI-09

Jobs Reported

20

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

164865.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166098.10

Forgiveness Date

01/20/2021

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