PPP Loan information for Pallotta ford, inc.

$1,048,500

Pallotta ford, inc. was initially approved for PPP Loan of amount $1,048,500, the current approved amount is $1,048,500. The loan was approved on 04/06/2020 by The Wayne Savings Community Bank reported 62 jobs and $1,048,500 was used to fund payroll.

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

PALLOTTA FORD, INC.

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PALLOTTA FORD, INC.

Borrower Address

4199 CLEVELAND RD

Borrower City

WOOSTER

Borrower State

OH

Borrower Zip

44691-1227

Loan Status Date

Loan Status

Exemption 4

Term

45

SBA Guaranty Percentage

100

Initial Approval Amount

1048500.00

Current Approval Amount

1048500.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

84367

Servicing Lender Name

Wayne Savings Community Bank

Servicing Lender Address

151 N Market St

Servicing Lender City

WOOSTER

Servicing Lender State

OH

Servicing Lender Zip

44691-4809

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOOSTER

Project County Name

WAYNE

Project State

OH

Project Zip

44691-1227

CD

OH-07

Jobs Reported

62

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1048500.00

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

84367

Originating Lender

Wayne Savings Community Bank

Originating Lender City

WOOSTER

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

799429.41

Forgiveness Date

01/06/2022

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