PPP Loan information for Richardson ford inc

$417,000

Richardson ford inc was initially approved for PPP Loan of amount $417,000, the current approved amount is $417,000. The loan was approved on 04/14/2020 by The Huron Community Bank reported 39 jobs and $417,000 was used to fund payroll.

Richardson ford inc is Existing or more than 2 years old

PPP Loan Search / MI / STANDISH / Richardson ford inc

RICHARDSON FORD INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RICHARDSON FORD INC

Borrower Address

3871 S HURON RD

Borrower City

STANDISH

Borrower State

MI

Borrower Zip

48658-0001

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417000.00

Current Approval Amount

417000.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

34506

Servicing Lender Name

Huron Community Bank

Servicing Lender Address

301 Newman St

Servicing Lender City

EAST TAWAS

Servicing Lender State

MI

Servicing Lender Zip

48730-1213

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STANDISH

Project County Name

ARENAC

Project State

MI

Project Zip

48658-0001

CD

MI-05

Jobs Reported

39

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

412000.00

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

34506

Originating Lender

Huron Community Bank

Originating Lender City

EAST TAWAS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

419641.00

Forgiveness Date

12/09/2020

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