Lafontaine Volkswagen INC

$456,000 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
5034987007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$456,000
Current Approval
$456,000
Forgiveness Amount
$461,272
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lafontaine Volkswagen INC
Address
2200 S Telegraph Rd
ZIP Code
48124-2555
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$11.8M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$456,000

Lender Information

Servicing Lender
The State Bank
Originating Lender
The State Bank

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