PPP Loan information for Opelika ford inc

$454,545

Opelika ford inc was initially approved for PPP Loan of amount $454,545, the current approved amount is $454,545. The loan was approved on 04/09/2020 by The First Bank of Boaz reported 41 jobs and $454,545 was used to fund payroll.

Opelika ford inc is Existing or more than 2 years old

PPP Loan Search / AL / Opelika / Opelika ford inc

OPELIKA FORD INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

OPELIKA FORD INC

Borrower Address

801 Columbus Parkway

Borrower City

Opelika

Borrower State

AL

Borrower Zip

36801-5937

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

454545.00

Current Approval Amount

454545.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

1866

Servicing Lender Name

First Bank of Boaz

Servicing Lender Address

124 S Main St

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957-2002

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Opelika

Project County Name

LEE

Project State

AL

Project Zip

36801-5937

CD

AL-03

Jobs Reported

41

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18545.00

Payroll Proceed

410000.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

1866

Originating Lender

First Bank of Boaz

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

458206.27

Forgiveness Date

02/03/2021

;