Royal Oak Ford Sales, Inc.

$1,158,053 PPP Loan in Royal Oak, Michigan

Loan Details

Loan Number
2349457100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,158,053
Current Approval
$1,158,053
Forgiveness Amount
$1,168,475
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Oak Ford Sales, Inc.
Address
27550 Woodward Ave
ZIP Code
48067-0929
Business Type
Subchapter S 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
87
Estimated Revenue
$21.9M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,158,053

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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