PPP Loan information for Beach ford inc.

$1,678,500

Beach ford inc. was initially approved for PPP Loan of amount $1,678,500, the current approved amount is $1,678,500. The loan was approved on 04/10/2020 by The Truist Bank reported 191 jobs and $1,678,500 was used to fund payroll.

Beach ford inc. is Existing or more than 2 years old

BEACH FORD INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BEACH FORD INC.

Borrower Address

2717 Virginia Beach Blvd

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23452-7612

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1678500.00

Current Approval Amount

1678500.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23452-7612

CD

VA-02

Jobs Reported

191

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1678500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1692021.25

Forgiveness Date

02/02/2021

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