PPP Loan information for Capital ford, inc.

$4,241,200

Capital ford, inc. was initially approved for PPP Loan of amount $4,241,200, the current approved amount is $4,241,200. The loan was approved on 04/27/2020 by The Live Oak Banking Company reported 400 jobs and $4,241,200 was used to fund payroll.

Capital ford, inc. is Existing or more than 2 years old

CAPITAL FORD, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAPITAL FORD, INC.

Borrower Address

4900 Leigh Dr

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27616

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4241200.00

Current Approval Amount

4241200.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27616-0001

CD

NC-02

Jobs Reported

400

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4241200.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4288608.48

Forgiveness Date

06/11/2021

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