PPP Loan information for Ashe county ford, inc

$323,215

Ashe county ford, inc was initially approved for PPP Loan of amount $323,215, the current approved amount is $323,215. The loan was approved on 04/08/2020 by The LifeStore Bank reported 38 jobs and $323,215 was used to fund payroll.

Ashe county ford, inc is Existing or more than 2 years old

PPP Loan Search / NC / West Jefferson / Ashe county ford, inc

ASHE COUNTY FORD, INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ASHE COUNTY FORD, INC

Borrower Address

409 E 2nd St

Borrower City

West Jefferson

Borrower State

NC

Borrower Zip

28694

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323215.10

Current Approval Amount

323215.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88741

Servicing Lender Name

LifeStore Bank

Servicing Lender Address

205 S Jefferson Ave

Servicing Lender City

WEST JEFFERSON

Servicing Lender State

NC

Servicing Lender Zip

28694-9737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Jefferson

Project County Name

ASHE

Project State

NC

Project Zip

28694-0001

CD

NC-05

Jobs Reported

38

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

32321.51

Payroll Proceed

258572.08

Mortgage Interest Proceed

32321.51

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

88741

Originating Lender

LifeStore Bank

Originating Lender City

WEST JEFFERSON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

325899.58

Forgiveness Date

02/16/2021

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