PPP Loan information for Franklin ford-mercury, inc

$531,900

Franklin ford-mercury, inc was initially approved for PPP Loan of amount $531,900, the current approved amount is $531,900. The loan was approved on 04/29/2020 by The The National Bank of Blacksburg reported 43 jobs and $531,900 was used to fund payroll.

Franklin ford-mercury, inc is Existing or more than 2 years old

PPP Loan Search / VA / ROCKY MOUNT / Franklin ford-mercury, inc

FRANKLIN FORD-MERCURY, INC

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FRANKLIN FORD-MERCURY, INC

Borrower Address

19999 VIRGIL H GOODE HWY

Borrower City

ROCKY MOUNT

Borrower State

VA

Borrower Zip

24151-3410

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

531900.00

Current Approval Amount

531900.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

FRANKLIN

Project State

VA

Project Zip

24151-3410

CD

VA-09

Jobs Reported

43

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

132975.00

Payroll Proceed

398925.00

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

Corporation

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

538617.97

Forgiveness Date

08/05/2021

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