Babb Ford Sales INC

$224,342 PPP Loan in Reed City, Michigan

Loan Details

Loan Number
6899007010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$224,342
Current Approval
$224,342
Forgiveness Amount
$225,831
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Babb Ford Sales INC
Address
21351 Maple Ave
ZIP Code
49677-8610
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
32
Estimated Revenue
$8.1M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$224,342

Lender Information

Servicing Lender
Lake-Osceola State Bank
Originating Lender
Lake-Osceola State Bank

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