Hagen Ford, Inc.

$523,035 PPP Loan in Bay City, Michigan

Loan Details

Loan Number
5553797000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$523,035
Current Approval
$523,035
Forgiveness Amount
$527,048
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hagen Ford, Inc.
Address
3890 N Euclid
ZIP Code
48706-9301
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$10.6M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$439,035
Rent
$42,000
Utilities
$12,000
Health Care
$30,000

Lender Information

Servicing Lender
Thumb Bank & Trust
Originating Lender
Thumb Bank & Trust

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