PPP Loan information for Village ford, inc.

$1,730,110

Village ford, inc. was initially approved for PPP Loan of amount $1,730,110, the current approved amount is $1,730,110. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 188 jobs and $1,730,110 was used to fund payroll.

Village ford, inc. is Existing or more than 2 years old

VILLAGE FORD, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VILLAGE FORD, INC.

Borrower Address

23535 Michigan Ave, 0.0

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48124-1917

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1730110.00

Current Approval Amount

1730110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48124-1917

CD

MI-12

Jobs Reported

188

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45000.00

Payroll Proceed

1487022.00

Mortgage Interest Proceed

0.00

Rent Proceed

112000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

86088.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1750879.97

Forgiveness Date

06/28/2021

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