PPP Loan information for Downtown ford inc.

$464,245

Downtown ford inc. was initially approved for PPP Loan of amount $464,245, the current approved amount is $464,245. The loan was approved on 04/29/2020 by The Stock Yards Bank & Trust Company reported 37 jobs and $464,245 was used to fund payroll.

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

DOWNTOWN FORD INC.

Date Approved

04/29/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

DOWNTOWN FORD INC.

Borrower Address

809 South Fifth Street

Borrower City

LOUISVILLE

Borrower State

KY

Borrower Zip

40203-2119

Loan Status Date

05/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

464245.00

Current Approval Amount

464245.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

27569

Servicing Lender Name

Stock Yards Bank & Trust Company

Servicing Lender Address

1040 E Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

KY

Servicing Lender Zip

40206-1856

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOUISVILLE

Project County Name

JEFFERSON

Project State

KY

Project Zip

40203-2119

CD

KY-03

Jobs Reported

37

NAICS Code

441110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

395572.00

Mortgage Interest Proceed

9057.00

Rent Proceed

22962.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16832.00

Debt Interest Proceed

19822

Business Type

Corporation

Originating Lender Location Id

27569

Originating Lender

Stock Yards Bank & Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

468423.20

Forgiveness Date

04/01/2021

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