PPP Loan information for Ted britt ford sales, inc.

$4,705,900

Ted britt ford sales, inc. was initially approved for PPP Loan of amount $4,848,900, the current approved amount is $4,705,900. The loan was approved on 04/05/2020 by The United Bank reported 339 jobs and $4,705,900 was used to fund payroll.

Ted britt ford sales, inc. is Existing or more than 2 years old

TED BRITT FORD SALES, INC.

Date Approved

04/05/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

TED BRITT FORD SALES, INC.

Borrower Address

11165 Fairfax Blvd.

Borrower City

FAIRFAX

Borrower State

VA

Borrower Zip

22030-5033

Loan Status Date

04/30/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4848900.00

Current Approval Amount

4705900.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFAX

Project County Name

FAIRFAX CITY

Project State

VA

Project Zip

22030-5033

CD

VA-11

Jobs Reported

339

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4705900.00

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

Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

4788776.13

Forgiveness Date

01/24/2022

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