Edwards Automotive, Inc.

$326,500 PPP Loan in Iron Mountain, Michigan

Loan Details

Loan Number
4518737004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$326,500
Current Approval
$326,500
Forgiveness Amount
$328,638
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Edwards Automotive, Inc.
Address
1807 N Stephenson Ave
ZIP Code
49801-1407
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$261,200
Rent
$27,300
Utilities
$28,000
Mortgage Interest
$10,000

Lender Information

Servicing Lender
First National Bank & Trust Co
Originating Lender
First National Bank & Trust Co

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