PPP Loan information for Future ford sales

$1,027,835

Future ford sales was initially approved for PPP Loan of amount $1,027,835, the current approved amount is $1,027,835. The loan was approved on 04/11/2020 by The Manufacturers and Traders Trust Company reported 63 jobs and $1,027,835 was used to fund payroll.

Future ford sales is Existing or more than 2 years old

FUTURE FORD SALES

Date Approved

04/11/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

FUTURE FORD SALES

Borrower Address

4001 Kirkwood Hwy

Borrower City

WILMINGTON

Borrower State

DE

Borrower Zip

19808-5111

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1027835.00

Current Approval Amount

1027835.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19808-5111

CD

DE-

Jobs Reported

63

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

37891.00

Payroll Proceed

680638.00

Mortgage Interest Proceed

20000.00

Rent Proceed

102292.00

Refinance EIDL Proceed

0.00

Health Care Proceed

88862.00

Debt Interest Proceed

98152

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1034903.13

Forgiveness Date

12/22/2020

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