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Ed Koehn Ford of Wayland INC

$339,000 PPP Loan in Wayland, Michigan

Loan Details

Loan Number
7842017006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$339,000
Current Approval
$339,000
Forgiveness Amount
$342,028
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ed Koehn Ford of Wayland INC
Address
1159 W Superior St
City
Wayland
State
Michigan
ZIP Code
49348-1264
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
MI-03

Loan Use Breakdown

Payroll
$254,250
Rent
$42,375
Utilities
$42,375

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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