PPP Loan information for Erhard motor sales, inc.

$2,476,718

Erhard motor sales, inc. was initially approved for PPP Loan of amount $2,476,718, the current approved amount is $2,476,718. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 48 jobs and $2,476,718 was used to fund payroll.

Erhard motor sales, inc. is New Business or 2 years or less

PPP Loan Search / MI / BLOOMFIELD HILLS / Erhard motor sales, inc.

ERHARD MOTOR SALES, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ERHARD MOTOR SALES, INC.

Borrower Address

1845 S TELEGRAPH

Borrower City

BLOOMFIELD HILLS

Borrower State

MI

Borrower Zip

48302

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2476717.50

Current Approval Amount

2476717.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BLOOMFIELD HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48302-0001

CD

MI-11

Jobs Reported

48

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2476717.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2504855.76

Forgiveness Date

06/11/2021

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