PPP Loan information for Empire ford lincoln

$317,400

Empire ford lincoln was initially approved for PPP Loan of amount $317,400, the current approved amount is $317,400. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 34 jobs and $317,400 was used to fund payroll.

Empire ford lincoln is Existing or more than 2 years old

EMPIRE FORD LINCOLN

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

EMPIRE FORD LINCOLN

Borrower Address

106 OLD JONESBORO RD

Borrower City

ABINGDON

Borrower State

VA

Borrower Zip

24210-4714

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317400.00

Current Approval Amount

317400.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABINGDON

Project County Name

WASHINGTON

Project State

VA

Project Zip

24210-4714

CD

VA-09

Jobs Reported

34

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

317400.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

320776.78

Forgiveness Date

05/04/2021

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