PPP Loan information for Tipton ford inc

$228,278

Tipton ford inc was initially approved for PPP Loan of amount $228,278, the current approved amount is $228,278. The loan was approved on 04/14/2020 by The First Farmers Bank & Trust Co. reported 7 jobs and $228,278 was used to fund payroll.

Tipton ford inc is Existing or more than 2 years old

TIPTON FORD INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

TIPTON FORD INC

Borrower Address

965 E Jefferson St

Borrower City

Tipton

Borrower State

IN

Borrower Zip

46072-9497

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228277.50

Current Approval Amount

228277.50

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tipton

Project County Name

TIPTON

Project State

IN

Project Zip

46072-9497

CD

IN-05

Jobs Reported

7

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

228277.50

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

Corporation

Originating Lender Location Id

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230885.49

Forgiveness Date

06/15/2021

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