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
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

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