PPP Loan information for Ford brothers inc.

$160,774

Ford brothers inc. was initially approved for PPP Loan of amount $160,774, the current approved amount is $160,774. The loan was approved on 02/24/2021 by The Monticello Banking Company reported 36 jobs and $160,774 was used to fund payroll.

Ford brothers inc. is Existing or more than 2 years old

FORD BROTHERS INC.

Date Approved

02/24/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

FORD BROTHERS INC.

Borrower Address

3375 E Highway 80

Borrower City

Somerset

Borrower State

KY

Borrower Zip

42501-4970

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160773.90

Current Approval Amount

160773.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27616

Servicing Lender Name

Monticello Banking Company

Servicing Lender Address

50 N Main St

Servicing Lender City

MONTICELLO

Servicing Lender State

KY

Servicing Lender Zip

42633-2851

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

PULASKI

Project State

KY

Project Zip

42501-4970

CD

KY-05

Jobs Reported

36

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

160770.90

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

27616

Originating Lender

Monticello Banking Company

Originating Lender City

MONTICELLO

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

161901.52

Forgiveness Date

11/10/2021

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