PPP Loan information for Permian ford lincoln inc

$845,800

Permian ford lincoln inc was initially approved for PPP Loan of amount $840,000, the current approved amount is $845,800. The loan was approved on 02/02/2021 by The First American Bank reported 73 jobs and $845,800 was used to fund payroll.

Permian ford lincoln inc is Existing or more than 2 years old

PERMIAN FORD LINCOLN INC

Date Approved

02/02/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

PERMIAN FORD LINCOLN INC

Borrower Address

1000 N Dal Paso St

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-5320

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

840000.00

Current Approval Amount

845800.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hobbs

Project County Name

LEA

Project State

NM

Project Zip

88240-5320

CD

NM-03

Jobs Reported

73

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

845800.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

848760.30

Forgiveness Date

06/15/2021

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