PPP Loan information for Sterling heights dodge inc

$1,382,489

Sterling heights dodge inc was initially approved for PPP Loan of amount $1,382,489, the current approved amount is $1,382,489. The loan was approved on 04/10/2020 by The Ally Bank reported 106 jobs and $1,382,489 was used to fund payroll.

Sterling heights dodge inc is Existing or more than 2 years old

PPP Loan Search / MI / STERLING HEIGHTS / Sterling heights dodge inc

STERLING HEIGHTS DODGE INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STERLING HEIGHTS DODGE INC

Borrower Address

40111 VAN DYKE AVE

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48313-3730

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1382489.38

Current Approval Amount

1382489.38

Undisbursed Amount

0.00

Franchise Name

Dodge - 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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48313-3730

CD

MI-10

Jobs Reported

106

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1382489.38

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1395507.82

Forgiveness Date

03/25/2021

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