PPP Loan information for Howard ford inc

$674,490

Howard ford inc was initially approved for PPP Loan of amount $674,490, the current approved amount is $674,490. The loan was approved on 04/09/2020 by The First Horizon Bank reported 48 jobs and $674,490 was used to fund payroll.

Howard ford inc is Existing or more than 2 years old

HOWARD FORD INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

HOWARD FORD INC

Borrower Address

2400 N SERVICE RD

Borrower City

WEST MEMPHIS

Borrower State

AR

Borrower Zip

72301-2223

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

674490.00

Current Approval Amount

674490.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST MEMPHIS

Project County Name

CRITTENDEN

Project State

AR

Project Zip

72301-2223

CD

AR-01

Jobs Reported

48

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4490.00

Payroll Proceed

506000.00

Mortgage Interest Proceed

0.00

Rent Proceed

84000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35000.00

Debt Interest Proceed

45000

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

683558.14

Forgiveness Date

08/25/2021

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