Albion Motors INC

$119,500 PPP Loan in Albion, Michigan

Loan Details

Loan Number
3191858407
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$119,500
Current Approval
$119,500
Forgiveness Amount
$120,007
Forgiveness Date
Jul 19, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Albion Motors INC
Address
16154 E Michigan Ave
City
Albion
ZIP Code
49224-9194
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$119,497
Utilities
$1

Lender Information

Servicing Lender
Homestead Savings Bank
Originating Lender
Homestead Savings Bank

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