Lafontaine Ford of Frankenmuth INC

$588,500 PPP Loan in Birch Run, Michigan

Loan Details

Loan Number
5151357005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$588,500
Current Approval
$588,500
Forgiveness Amount
$595,304
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lafontaine Ford of Frankenmuth INC
Address
11661 Beyer Rd
ZIP Code
48415-8314
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$15.4M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$588,500

Lender Information

Servicing Lender
The State Bank
Originating Lender
The State Bank

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