PPP Loan information for Medford ford inc

$387,765

Medford ford inc was initially approved for PPP Loan of amount $387,765, the current approved amount is $387,765. The loan was approved on 02/08/2021 by The Loan Source Incorporated reported 34 jobs and $387,765 was used to fund payroll.

Medford ford inc is Existing or more than 2 years old

PPP Loan Search / NJ / Medford / Medford ford inc

MEDFORD FORD INC

Date Approved

02/08/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MEDFORD FORD INC

Borrower Address

186 Route 70

Borrower City

Medford

Borrower State

NJ

Borrower Zip

08055-2382

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

387765.00

Current Approval Amount

387765.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Medford

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08055-2382

CD

NJ-03

Jobs Reported

34

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

387761.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

391536.41

Forgiveness Date

02/08/2022

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