PPP Loan information for Freehold ford, inc.

$860,454

Freehold ford, inc. was initially approved for PPP Loan of amount $860,454, the current approved amount is $860,454. The loan was approved on 04/27/2020 by The Lakeland Bank reported 60 jobs and $860,454 was used to fund payroll.

Freehold ford, inc. is Existing or more than 2 years old

FREEHOLD FORD, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FREEHOLD FORD, INC.

Borrower Address

3572 ROUTE 9 S

Borrower City

FREEHOLD

Borrower State

NJ

Borrower Zip

07728-8570

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

860454.00

Current Approval Amount

860454.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEHOLD

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07728-8570

CD

NJ-03

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13000.00

Payroll Proceed

645341.00

Mortgage Interest Proceed

0.00

Rent Proceed

168000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

34113.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

869034.97

Forgiveness Date

05/06/2021

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