PPP Loan information for Woolwine ford lincoln, inc.

$707,921

Woolwine ford lincoln, inc. was initially approved for PPP Loan of amount $707,921, the current approved amount is $707,921. The loan was approved on 04/08/2020 by The The First Bank reported 47 jobs and $707,921 was used to fund payroll.

Woolwine ford lincoln, inc. is New Business or 2 years or less

PPP Loan Search / MS / COLLINS / Woolwine ford lincoln, inc.

WOOLWINE FORD LINCOLN, INC.

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

WOOLWINE FORD LINCOLN, INC.

Borrower Address

3040 U S HIGHWAY 49

Borrower City

COLLINS

Borrower State

MS

Borrower Zip

39428-4565

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

707921.00

Current Approval Amount

707921.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

COLLINS

Project County Name

COVINGTON

Project State

MS

Project Zip

39428-4565

CD

MS-03

Jobs Reported

47

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35396.05

Payroll Proceed

530940.75

Mortgage Interest Proceed

127425.78

Rent Proceed

14158.42

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

715432.83

Forgiveness Date

05/04/2021

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