As part of the Paycheck Protection Program ROYAL OAK FORD SALES, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

ROYAL OAK FORD SALES, INC


Loan Amount	$1,158,053
BusinessName	ROYAL OAK FORD SALES, INC
Address	27550 WOODWARD AVE
City	ROYAL OAK
State	MI
Zip	48067
NAICSCode	441110
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported
DateApproved	04/10/2020
Lender	Ally Bank
CD	MI-09
BusinessName.clean	ROYAL OAK FORD SALES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

ROYAL OAKS FARMS
ROYAL ORLEANS HOTEL PARTNERS
ROYAL PACIFIC FUNDING
ATTICUS BAKERY
ROYAL PAINTING