PPP Loan information for Ravenel ford, inc.

$368,335

Ravenel ford, inc. was initially approved for PPP Loan of amount $368,335, the current approved amount is $368,335. The loan was approved on 04/14/2020 by The Ally Bank reported 34 jobs and $368,335 was used to fund payroll.

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

RAVENEL FORD, INC.

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RAVENEL FORD, INC.

Borrower Address

6340 Savannah Hwy

Borrower City

RAVENEL

Borrower State

SC

Borrower Zip

29470-5517

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368335.00

Current Approval Amount

368335.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAVENEL

Project County Name

CHARLESTON

Project State

SC

Project Zip

29470-5517

CD

SC-06

Jobs Reported

34

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

368335.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

372519.69

Forgiveness Date

06/04/2021

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