PPP Loan information for Suburban ford of ferndale, llc

$913,132

Suburban ford of ferndale, llc was initially approved for PPP Loan of amount $913,132, the current approved amount is $913,132. The loan was approved on 04/13/2020 by The The Huntington National Bank reported 72 jobs and $913,132 was used to fund payroll.

Suburban ford of ferndale, llc is Existing or more than 2 years old

PPP Loan Search / MI / FERNDALE / Suburban ford of ferndale, llc

SUBURBAN FORD OF FERNDALE, LLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUBURBAN FORD OF FERNDALE, LLC

Borrower Address

21600 Woodward Ave

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220-2551

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

913132.00

Current Approval Amount

913132.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-2551

CD

MI-11

Jobs Reported

72

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

913132.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

923289.03

Forgiveness Date

06/11/2021

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