PPP Loan information for Ferrell automotive group

$243,079

Ferrell automotive group was initially approved for PPP Loan of amount $243,079, the current approved amount is $243,079. The loan was approved on 04/27/2020 by The Logan Bank & Trust Company reported 25 jobs and $243,079 was used to fund payroll.

Ferrell automotive group is Unanswered

PPP Loan Search / WV / CHAPMANVILLE / Ferrell automotive group

FERRELL AUTOMOTIVE GROUP

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

FERRELL AUTOMOTIVE GROUP

Borrower Address

PO Box 4255

Borrower City

CHAPMANVILLE

Borrower State

WV

Borrower Zip

25508

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243079.00

Current Approval Amount

243079.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75178

Servicing Lender Name

Logan Bank & Trust Company

Servicing Lender Address

43 Washington Ave

Servicing Lender City

LOGAN

Servicing Lender State

WV

Servicing Lender Zip

25601-3900

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CHAPMANVILLE

Project County Name

LOGAN

Project State

WV

Project Zip

25508-0001

CD

WV-01

Jobs Reported

25

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

243079.00

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

75178

Originating Lender

Logan Bank & Trust Company

Originating Lender City

LOGAN

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246320.05

Forgiveness Date

08/25/2021

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