PPP Loan information for World of ford sales inc

$1,232,400

World of ford sales inc was initially approved for PPP Loan of amount $892,300, the current approved amount is $1,232,400. The loan was approved on 04/07/2020 by The Truist Bank reported 168 jobs and $1,232,400 was used to fund payroll.

World of ford sales inc is Existing or more than 2 years old

PPP Loan Search / VA / ALEXANDRIA / World of ford sales inc

WORLD OF FORD SALES INC

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

WORLD OF FORD SALES INC

Borrower Address

6129 RICHMOND HWY

Borrower City

ALEXANDRIA

Borrower State

VA

Borrower Zip

22303-2315

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

892300.00

Current Approval Amount

1232400.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

FAIRFAX

Project State

VA

Project Zip

22303-2315

CD

VA-08

Jobs Reported

168

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1232400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1246641.07

Forgiveness Date

06/11/2021

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