Krapohl Ford & Lincoln

$1,093,972 PPP Loan in Mount Pleasant, Michigan

Loan Details

Loan Number
1831188407
Date Approved
Feb 2, 2021
Loan Status
Exemption 4
Initial Approval
$1,093,972
Current Approval
$1,093,972
Forgiveness Amount
$900,740
Forgiveness Date
Jan 20, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Krapohl Ford & Lincoln
Address
1415 E Pickard St
ZIP Code
48858-1905
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
78
Estimated Revenue
$19.7M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$1,093,969
Utilities
$1

Lender Information

Servicing Lender
Isabella Bank
Originating Lender
Isabella Bank

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