Dunning Taylor Motors Corp.
$327,300 PPP Loan in Ferndale, Michigan
Loan Details
- Loan Number
- 1614767303
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $327,300
- Current Approval
- $327,300
- Forgiveness Amount
- $330,146
- Forgiveness Date
- Mar 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Dunning Taylor Motors Corp.
- Address
- 21350 Woodward Ave
- City
- Ferndale
- State
- Michigan
- ZIP Code
- 48220-2542
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441228)
- Franchise
- Honda Automobile Division - Dealer Sales and Service Agreement
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 30
- Estimated Revenue
- $7.8M
- Rural/Urban
- Urban
- Congressional District
- MI-11
Loan Use Breakdown
- Payroll
- $261,912
- Mortgage Interest
- $65,388
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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|---|---|---|
| Hosler Mechanical Inc. | $5,479,400 |  Research |
| Ferndale Electric Company, INC | $4,275,000 | Research |
| Ferndale Pharma Group INC | $3,670,900 | Research |
| Garden Fresh Gourmet LLC | $3,000,000 | Research |
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