PPP Loan information for Gus machado ford, inc.

$1,234,200

Gus machado ford, inc. was initially approved for PPP Loan of amount $1,234,200, the current approved amount is $1,234,200. The loan was approved on 04/04/2020 by The City National Bank of Florida reported 103 jobs and $1,234,200 was used to fund payroll.

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

GUS MACHADO FORD, INC.

Date Approved

04/04/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

GUS MACHADO FORD, INC.

Borrower Address

1200 W. 49th Street

Borrower City

HIALEAH

Borrower State

FL

Borrower Zip

33012-3217

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1234200.00

Current Approval Amount

1234200.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIALEAH

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33012-3217

CD

FL-26

Jobs Reported

103

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

308550.00

Payroll Proceed

925650.00

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

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1242290.87

Forgiveness Date

12/09/2020

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