PPP Loan information for River city ford inc

$1,237,000

River city ford inc was initially approved for PPP Loan of amount $1,237,000, the current approved amount is $1,237,000. The loan was approved on 04/10/2020 by The First Horizon Bank reported 90 jobs and $1,237,000 was used to fund payroll.

River city ford inc is Existing or more than 2 years old

RIVER CITY FORD INC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RIVER CITY FORD INC

Borrower Address

7787 FLORIDA BLVD

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70806-4707

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1237000.00

Current Approval Amount

1237000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BATON ROUGE

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70806-4707

CD

LA-02

Jobs Reported

90

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1237000.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1252050.17

Forgiveness Date

07/02/2021

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