PPP Loan information for Toothman ford sales inc

$655,465

Toothman ford sales inc was initially approved for PPP Loan of amount $684,300, the current approved amount is $655,465. The loan was approved on 04/09/2020 by The Truist Bank reported 40 jobs and $655,465 was used to fund payroll.

Toothman ford sales inc is Existing or more than 2 years old

TOOTHMAN FORD SALES INC

Date Approved

04/09/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

TOOTHMAN FORD SALES INC

Borrower Address

1569 George Washington Highway RR 50

Borrower City

GRAFTON

Borrower State

WV

Borrower Zip

26354-0009

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

684300.00

Current Approval Amount

655464.68

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAFTON

Project County Name

TAYLOR

Project State

WV

Project Zip

26354-0009

CD

WV-02

Jobs Reported

40

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

655464.68

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

663767.23

Forgiveness Date

07/21/2021

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