PPP Loan information for Garnet ford inc.

$797,500

Garnet ford inc. was initially approved for PPP Loan of amount $969,500, the current approved amount is $797,500. The loan was approved on 02/03/2021 by The Newtek Small Business Finance, Inc. reported 62 jobs and $797,500 was used to fund payroll.

Garnet ford inc. is Existing or more than 2 years old

GARNET FORD INC.

Date Approved

02/03/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

GARNET FORD INC.

Borrower Address

1610 Wilmington Pike

Borrower City

West Chester

Borrower State

PA

Borrower Zip

19382-8320

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

969500.00

Current Approval Amount

797500.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Chester

Project County Name

CHESTER

Project State

PA

Project Zip

19382-8320

CD

PA-05

Jobs Reported

62

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

797499.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

804832.57

Forgiveness Date

02/14/2022

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