PPP Loan information for The ford system

$73,613

The ford system was initially approved for PPP Loan of amount $73,613, the current approved amount is $73,613. The loan was approved on 04/28/2020 by The Citizens Bank reported 11 jobs and $73,613 was used to fund payroll.

The ford system is Existing or more than 2 years old

THE FORD SYSTEM

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

THE FORD SYSTEM

Borrower Address

402 E. Sullivan St.

Borrower City

Kingsport

Borrower State

TN

Borrower Zip

37660

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73613.00

Current Approval Amount

73613.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66974

Servicing Lender Name

Citizens Bank

Servicing Lender Address

300 Broad St

Servicing Lender City

ELIZABETHTON

Servicing Lender State

TN

Servicing Lender Zip

37643-2715

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kingsport

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-0200

CD

TN-01

Jobs Reported

11

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73613.00

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

66974

Originating Lender

Citizens Bank

Originating Lender City

ELIZABETHTON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74371.62

Forgiveness Date

05/11/2021

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