PPP Loan information for Ford logistics inc

$70,000

Ford logistics inc was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 05/28/2020 by The Celtic Bank Corporation reported 9 jobs and $70,000 was used to fund payroll.

Ford logistics inc is New Business or 2 years or less

FORD LOGISTICS INC

Date Approved

05/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FORD LOGISTICS INC

Borrower Address

174 Alabama 165

Borrower City

Phenix City

Borrower State

AL

Borrower Zip

36869

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Phenix City

Project County Name

RUSSELL

Project State

AL

Project Zip

36869-2000

CD

AL-03

Jobs Reported

9

NAICS Code

484110

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52500.00

Mortgage Interest Proceed

0.00

Rent Proceed

17500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70746.03

Forgiveness Date

06/22/2021

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