PPP Loan information for Varsity ford

$3,291,900

Varsity ford was initially approved for PPP Loan of amount $3,291,900, the current approved amount is $3,291,900. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 168 jobs and $3,291,900 was used to fund payroll.

Varsity ford is Existing or more than 2 years old

PPP Loan Search / MI / ANN ARBOR / Varsity ford

VARSITY FORD

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VARSITY FORD

Borrower Address

3480 JACKSON AVE

Borrower City

ANN ARBOR

Borrower State

MI

Borrower Zip

48103-1915

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3291900.00

Current Approval Amount

3291900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANN ARBOR

Project County Name

WASHTENAW

Project State

MI

Project Zip

48103-1915

CD

MI-06

Jobs Reported

168

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3291900.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2489880.58

Forgiveness Date

09/10/2021

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