PPP Loan information for Sharpnack ford inc.

$379,500

Sharpnack ford inc. was initially approved for PPP Loan of amount $379,500, the current approved amount is $379,500. The loan was approved on 04/04/2020 by The Sutton Bank reported 40 jobs and $379,500 was used to fund payroll.

Sharpnack ford inc. is Existing or more than 2 years old

SHARPNACK FORD INC.

Date Approved

04/04/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SHARPNACK FORD INC.

Borrower Address

1330 S. CONWELL AVE

Borrower City

WILLARD

Borrower State

OH

Borrower Zip

44890-9148

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

379500.00

Current Approval Amount

379500.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLARD

Project County Name

HURON

Project State

OH

Project Zip

44890-9148

CD

OH-05

Jobs Reported

40

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

303500.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

Debt Interest Proceed

15000

Business Type

Subchapter S Corporation

Originating Lender Location Id

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

384241.15

Forgiveness Date

07/15/2021

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