Montrose Ford-Lincoln-Mercury, Inc.
$595,305 PPP Loan in Montrose, Colorado
Loan Details
- Loan Number
- 1305078300
- Date Approved
- Jan 16, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $595,305
- Current Approval
- $595,305
- Forgiveness Amount
- $601,093
- Forgiveness Date
- Jan 6, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Montrose Ford-Lincoln-Mercury, Inc.
- Address
- 100 Merchant Dr
- City
- Montrose
- State
- Colorado
- ZIP Code
- 81401-3017
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 48
- Estimated Revenue
- $12.1M
- Rural/Urban
- Rural
- Congressional District
- CO-03
Loan Use Breakdown
- Payroll
- $595,305
Lender Information
- Servicing Lender
- Timberline Bank
- Originating Lender
- Timberline Bank
Other PPP Loans in Montrose, CO
| Business | Approved | |
|---|---|---|
| San Juan Construction, Inc. | $2,563,900 | |
| Delta-Montrose Electric Association | $2,447,500 | |
| San Juan Construction Inc. | $1,845,721 | |
| Midwestern Colorado Mental Health Center | $1,378,225 | |
| Summit Sealants, Inc. | $1,352,100 |
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