PPP Loan information for Forest city ford, inc.

$181,000

Forest city ford, inc. was initially approved for PPP Loan of amount $181,000, the current approved amount is $181,000. The loan was approved on 04/03/2020 by The Manufacturers Bank & Trust Company reported 15 jobs and $181,000 was used to fund payroll.

Forest city ford, inc. is Existing or more than 2 years old

PPP Loan Search / IA / FOREST CITY / Forest city ford, inc.

FOREST CITY FORD, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FOREST CITY FORD, INC.

Borrower Address

745 HIGHWAY 69 N

Borrower City

FOREST CITY

Borrower State

IA

Borrower Zip

50436-1136

Loan Status Date

03/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181000.00

Current Approval Amount

181000.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST CITY

Project County Name

WINNEBAGO

Project State

IA

Project Zip

50436-1136

CD

IA-04

Jobs Reported

15

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22625.00

Payroll Proceed

135750.00

Mortgage Interest Proceed

22625.00

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

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

182699.39

Forgiveness Date

03/18/2021

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