PPP Loan information for Ford electric llc

$50,774

Ford electric llc was initially approved for PPP Loan of amount $50,774, the current approved amount is $50,774. The loan was approved on 04/17/2021 by The Customers Bank reported 5 jobs and $50,774 was used to fund payroll.

Ford electric llc is Existing or more than 2 years old

FORD ELECTRIC LLC

Date Approved

04/17/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

FORD ELECTRIC LLC

Borrower Address

76 N 22nd St

Borrower City

Newark

Borrower State

OH

Borrower Zip

43055-2755

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50774.00

Current Approval Amount

50774.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

LICKING

Project State

OH

Project Zip

43055-2755

CD

OH-12

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50774.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51135.68

Forgiveness Date

01/06/2022

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