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
- City
- Reed City
- State
- Michigan
- 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
Other PPP Loans in Reed City, MI
| Business | Approved | |
|---|---|---|
| Reed City Group LLC | $1,394,190 | |
| Uusi LLC | $718,475 | |
| Gerber Construction Co INC | $647,205 | |
| H&r Screw Machine Products Inc. | $492,161 | |
| H&r Screw Machine Products, Inc. | $492,161 |
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