PPP Loan information for Wynne ford inc

$1,778,900

Wynne ford inc was initially approved for PPP Loan of amount $1,778,900, the current approved amount is $1,778,900. The loan was approved on 03/12/2021 by The TowneBank reported 147 jobs and $1,778,900 was used to fund payroll.

Wynne ford inc is Existing or more than 2 years old

WYNNE FORD INC

Date Approved

03/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

WYNNE FORD INC

Borrower Address

1020 W Mercury Blvd

Borrower City

Hampton

Borrower State

VA

Borrower Zip

23666-3405

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1778900.00

Current Approval Amount

1778900.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hampton

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23666-3405

CD

VA-03

Jobs Reported

147

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1778897.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1786312.08

Forgiveness Date

08/13/2021

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