PPP Loan information for Jorgensen ford sales inc.

$713,300

Jorgensen ford sales inc. was initially approved for PPP Loan of amount $713,300, the current approved amount is $713,300. The loan was approved on 02/05/2021 by The Comerica Bank reported 58 jobs and $713,300 was used to fund payroll.

Jorgensen ford sales inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Jorgensen ford sales inc.

JORGENSEN FORD SALES INC.

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JORGENSEN FORD SALES INC.

Borrower Address

8333 Michigan Ave

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48210-2172

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

713300.00

Current Approval Amount

713300.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48210-2172

CD

MI-13

Jobs Reported

58

NAICS Code

441110

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

713296.00

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

Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

717163.71

Forgiveness Date

08/24/2021

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