PPP Loan information for Pearson ford, inc.

$1,562,500

Pearson ford, inc. was initially approved for PPP Loan of amount $1,562,500, the current approved amount is $1,562,500. The loan was approved on 04/04/2020 by The Lake City Bank reported 135 jobs and $1,562,500 was used to fund payroll.

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

PPP Loan Search / IN / ZIONSVILLE / Pearson ford, inc.

PEARSON FORD, INC.

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PEARSON FORD, INC.

Borrower Address

10650 N Michigan Rd

Borrower City

ZIONSVILLE

Borrower State

IN

Borrower Zip

46077-9261

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1562500.00

Current Approval Amount

1562500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZIONSVILLE

Project County Name

HAMILTON

Project State

IN

Project Zip

46077-9261

CD

IN-05

Jobs Reported

135

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

1247048.00

Mortgage Interest Proceed

0.00

Rent Proceed

120000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40500.00

Debt Interest Proceed

129952

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1573437.50

Forgiveness Date

12/21/2020

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