PPP Loan information for Ford's produce company

$511,902

Ford's produce company was initially approved for PPP Loan of amount $928,400, the current approved amount is $511,902. The loan was approved on 04/07/2020 by The Truist Bank reported 59 jobs and $511,902 was used to fund payroll.

Ford's produce company is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Ford's produce company

FORD'S PRODUCE COMPANY

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FORD'S PRODUCE COMPANY

Borrower Address

1109 Agriculture Street, Suite 1

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27603-2364

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

928400.00

Current Approval Amount

511902.00

Undisbursed Amount

0.00

Franchise Name

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27603-2364

CD

NC-02

Jobs Reported

59

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

511902.00

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

515471.09

Forgiveness Date

12/31/2020

;