PPP Loan information for Formula ford of rutland county inc

$389,847

Formula ford of rutland county inc was initially approved for PPP Loan of amount $389,847, the current approved amount is $389,847. The loan was approved on 02/02/2021 by The Northfield Savings Bank reported 30 jobs and $389,847 was used to fund payroll.

Formula ford of rutland county inc is Existing or more than 2 years old

PPP Loan Search / VT / Rutland / Formula ford of rutland county inc

FORMULA FORD OF RUTLAND COUNTY INC

Date Approved

02/02/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

FORMULA FORD OF RUTLAND COUNTY INC

Borrower Address

4318 Middle Rd

Borrower City

Rutland

Borrower State

VT

Borrower Zip

05701-4729

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

389847.00

Current Approval Amount

389847.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

73004

Servicing Lender Name

Northfield Savings Bank

Servicing Lender Address

33 S Main St

Servicing Lender City

NORTHFIELD

Servicing Lender State

VT

Servicing Lender Zip

05663-6703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rutland

Project County Name

RUTLAND

Project State

VT

Project Zip

05701-4729

CD

VT-

Jobs Reported

30

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

389847.00

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

73004

Originating Lender

Northfield Savings Bank

Originating Lender City

NORTHFIELD

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

392391.83

Forgiveness Date

10/25/2021

;