PPP Loan information for Mike reichenbach ford lincoln, inc.

$924,400

Mike reichenbach ford lincoln, inc. was initially approved for PPP Loan of amount $924,400, the current approved amount is $924,400. The loan was approved on 04/07/2020 by The Dedicated Community Bank reported 71 jobs and $924,400 was used to fund payroll.

Mike reichenbach ford lincoln, inc. is Existing or more than 2 years old

PPP Loan Search / SC / FLORENCE / Mike reichenbach ford lincoln, inc.

MIKE REICHENBACH FORD LINCOLN, INC.

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MIKE REICHENBACH FORD LINCOLN, INC.

Borrower Address

600 N Coit St

Borrower City

FLORENCE

Borrower State

SC

Borrower Zip

29501-2822

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

924400.00

Current Approval Amount

924400.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

110351

Servicing Lender Name

Dedicated Community Bank

Servicing Lender Address

202 Cashua St

Servicing Lender City

DARLINGTON

Servicing Lender State

SC

Servicing Lender Zip

29532-3302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

FLORENCE

Project State

SC

Project Zip

29501-2822

CD

SC-07

Jobs Reported

71

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

924400.00

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

Subchapter S Corporation

Originating Lender Location Id

110351

Originating Lender

Dedicated Community Bank

Originating Lender City

DARLINGTON

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

933335.87

Forgiveness Date

04/01/2021

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