PPP Loan information for Beechmont ford, inc

$1,493,100

Beechmont ford, inc was initially approved for PPP Loan of amount $1,493,100, the current approved amount is $1,493,100. The loan was approved on 04/03/2020 by The Forcht Bank, National Association reported 113 jobs and $1,493,100 was used to fund payroll.

Beechmont ford, inc is Existing or more than 2 years old

PPP Loan Search / OH / CINCINNATI / Beechmont ford, inc

BEECHMONT FORD, INC

Date Approved

04/03/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

BEECHMONT FORD, INC

Borrower Address

600 OHIO PIKE

Borrower City

CINCINNATI

Borrower State

OH

Borrower Zip

45245-2118

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1493100.00

Current Approval Amount

1493100.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

282649

Servicing Lender Name

Forcht Bank, National Association

Servicing Lender Address

2404 Sir Barton Way

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CINCINNATI

Project County Name

CLERMONT

Project State

OH

Project Zip

45245-2118

CD

OH-02

Jobs Reported

113

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

298600.00

Payroll Proceed

1194500.00

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

282649

Originating Lender

Forcht Bank, National Association

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1503136.95

Forgiveness Date

12/09/2020

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