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
- City
- Iron Mountain
- State
- Michigan
- 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
Other PPP Loans in Iron Mountain, MI
| Business | Approved | |
|---|---|---|
| Dickinson County Healthcare System | $9,131,800 | |
| Champion, Inc. | $5,824,200 | |
| B & B Electrical Contractors, Inc. | $3,384,067 | |
| Bacco Construction Company | $2,437,400 | |
| Coleman Engineering Co. | $1,582,922 |
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