PPP Loan information for Royal oak ford sales, inc.

$1,158,053

Royal oak ford sales, inc. was initially approved for PPP Loan of amount $1,158,053, the current approved amount is $1,158,053. The loan was approved on 04/10/2020 by The Ally Bank reported 87 jobs and $1,158,053 was used to fund payroll.

Royal oak ford sales, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ROYAL OAK / Royal oak ford sales, inc.

ROYAL OAK FORD SALES, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROYAL OAK FORD SALES, INC.

Borrower Address

27550 WOODWARD AVE

Borrower City

ROYAL OAK

Borrower State

MI

Borrower Zip

48067-0929

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1158052.95

Current Approval Amount

1158052.95

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYAL OAK

Project County Name

OAKLAND

Project State

MI

Project Zip

48067-0929

CD

MI-11

Jobs Reported

87

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1158052.95

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1168475.43

Forgiveness Date

03/09/2021

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