PPP Loan information for Cumberland ford motors inc.

$155,216

Cumberland ford motors inc. was initially approved for PPP Loan of amount $155,216, the current approved amount is $155,216. The loan was approved on 01/29/2021 by The Millennium Bank reported 18 jobs and $155,216 was used to fund payroll.

Cumberland ford motors inc. is Existing or more than 2 years old

PPP Loan Search / KY / Middlesboro / Cumberland ford motors inc.

CUMBERLAND FORD MOTORS INC.

Date Approved

01/29/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

CUMBERLAND FORD MOTORS INC.

Borrower Address

1501 US Highway 25 E

Borrower City

Middlesboro

Borrower State

KY

Borrower Zip

40965-1862

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155216.45

Current Approval Amount

155216.45

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

124053

Servicing Lender Name

Millennium Bank

Servicing Lender Address

6392 Artesian Cir

Servicing Lender City

OOLTEWAH

Servicing Lender State

TN

Servicing Lender Zip

37363-7295

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Middlesboro

Project County Name

BELL

Project State

KY

Project Zip

40965-1862

CD

KY-05

Jobs Reported

18

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

155213.45

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

Corporation

Originating Lender Location Id

124053

Originating Lender

Millennium Bank

Originating Lender City

OOLTEWAH

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156121.88

Forgiveness Date

09/01/2021

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