Date Approved
04/14/2020
SBA Office Code
0464
Processing Method
PPP
Borrower Name
RAVENEL FORD, INC.
Borrower Address
6340 Savannah Hwy
Borrower City
RAVENEL
Borrower State
SC
Borrower Zip
29470-5517
Loan Status Date
07/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
368335.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Ford Motor Company Dealer Sales and Service Agreement
Servicing Lender Location Id
426652
Servicing Lender Name
Ally Bank
Servicing Lender Address
200 W Civic Center Dr
Servicing Lender City
SANDY
Servicing Lender State
UT
Servicing Lender Zip
84070-4207
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CHARLESTON
Project State
Project Zip
CD
SC-06
Jobs Reported
34
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
372519.69
Forgiveness Date
06/04/2021