PPP Loan information for Seminole ford-mercury, inc

$517,500

Seminole ford-mercury, inc was initially approved for PPP Loan of amount $517,500, the current approved amount is $517,500. The loan was approved on 04/11/2020 by The BancFirst reported 41 jobs and $517,500 was used to fund payroll.

Seminole ford-mercury, inc is Existing or more than 2 years old

PPP Loan Search / OK / SEMINOLE / Seminole ford-mercury, inc

SEMINOLE FORD-MERCURY, INC

Date Approved

04/11/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

SEMINOLE FORD-MERCURY, INC

Borrower Address

2222 N Milt Phillips

Borrower City

SEMINOLE

Borrower State

OK

Borrower Zip

74868-2344

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517500.00

Current Approval Amount

517500.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

112722

Servicing Lender Name

BancFirst

Servicing Lender Address

100 N Broadway Ave, Ste 1000

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73102-8405

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEMINOLE

Project County Name

SEMINOLE

Project State

OK

Project Zip

74868-2344

CD

OK-05

Jobs Reported

41

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

388125.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35128.18

Debt Interest Proceed

12246.82

Business Type

Subchapter S Corporation

Originating Lender Location Id

112722

Originating Lender

BancFirst

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

520888.56

Forgiveness Date

12/09/2020

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