PPP Loan information for Myers ford company incorporated

$372,076

Myers ford company incorporated was initially approved for PPP Loan of amount $469,790, the current approved amount is $372,076. The loan was approved on 04/10/2020 by The Truist Bank reported 45 jobs and $372,076 was used to fund payroll.

Myers ford company incorporated is Existing or more than 2 years old

PPP Loan Search / VA / ELKTON / Myers ford company incorporated

MYERS FORD COMPANY INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MYERS FORD COMPANY INCORPORATED

Borrower Address

13959 SPOTSWOOD TRL

Borrower City

ELKTON

Borrower State

VA

Borrower Zip

22827-3273

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

469790.00

Current Approval Amount

372076.25

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKTON

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22827-3273

CD

VA-06

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

372076.25

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

375921.04

Forgiveness Date

04/28/2021

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