Lafontaine Motors INC

$1,259,000 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
5100407007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,259,000
Current Approval
$1,259,000
Forgiveness Amount
$1,273,522
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lafontaine Motors INC
Address
2027 S Telegraph Rd
ZIP Code
48124-2516
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
143
Estimated Revenue
$36.0M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$1,259,000

Lender Information

Servicing Lender
The State Bank
Originating Lender
The State Bank

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