Taylor Ford, INC

$1,675,972 PPP Loan in Taylor, Michigan

Loan Details

Loan Number
9254587005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,675,972
Current Approval
$1,675,972
Forgiveness Amount
$1,694,176
Forgiveness Date
May 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Taylor Ford, INC
Address
13500 Telegraph Rd 0.0
City
Taylor
ZIP Code
48180-8205
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
126
Estimated Revenue
$31.8M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$1,300,972
Rent
$125,000
Utilities
$36,000
Health Care
$214,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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