PPP Loan information for Salem ford llc

$672,038

Salem ford llc was initially approved for PPP Loan of amount $672,038, the current approved amount is $672,038. The loan was approved on 02/24/2021 by The Kennebunk Savings Bank reported 29 jobs and $672,038 was used to fund payroll.

Salem ford llc is Existing or more than 2 years old

PPP Loan Search / NH / Portsmouth / Salem ford llc

SALEM FORD LLC

Date Approved

02/24/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

SALEM FORD LLC

Borrower Address

549 US Highway 1 Byp

Borrower City

Portsmouth

Borrower State

NH

Borrower Zip

03801-4131

Loan Status Date

09/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

672037.50

Current Approval Amount

672037.50

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

29702

Servicing Lender Name

Kennebunk Savings Bank

Servicing Lender Address

104 Main St

Servicing Lender City

KENNEBUNK

Servicing Lender State

ME

Servicing Lender Zip

04043-7023

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03801-4131

CD

NH-01

Jobs Reported

29

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

672034.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

29702

Originating Lender

Kennebunk Savings Bank

Originating Lender City

KENNEBUNK

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

681688.71

Forgiveness Date

08/02/2022

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