PPP Loan information for Tenvoorde ford, inc

$1,212,914

Tenvoorde ford, inc was initially approved for PPP Loan of amount $1,212,914, the current approved amount is $1,212,914. The loan was approved on 04/06/2020 by The West Bank reported 80 jobs and $1,212,914 was used to fund payroll.

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

TENVOORDE FORD, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TENVOORDE FORD, INC

Borrower Address

185 ROOSEVELT ROAD

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56301-3846

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1212914.00

Current Approval Amount

1212914.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56301-3846

CD

MN-06

Jobs Reported

80

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1212914.00

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

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1224478.22

Forgiveness Date

03/31/2021

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