Howard Ford INC
$674,490 PPP Loan in West Memphis, Arkansas
Loan Details
- Loan Number
- 1055877108
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $674,490
- Current Approval
- $674,490
- Forgiveness Amount
- $683,558
- Forgiveness Date
- Aug 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Howard Ford INC
- Address
- 2400 N Service Rd
- City
- West Memphis
- State
- Arkansas
- ZIP Code
- 72301-2223
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 48
- Estimated Revenue
- $12.1M
- Rural/Urban
- Urban
- Congressional District
- AR-01
Loan Use Breakdown
- Payroll
- $506,000
- Rent
- $84,000
- Utilities
- $4,490
- Health Care
- $35,000
- Debt Interest
- $45,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
Other PPP Loans in West Memphis, AR
| Business | Approved | |
|---|---|---|
| East Arkansas Family Health Center INC | $1,995,000 | |
| East Arkansas Family Health Center, Inc. | $1,881,790 | |
| West Memphis Steel & Pipe INC | $1,257,800 | |
| Automated Conveyor Systems INC | $830,309 | |
| Grace Trailer Service, INC | $734,905 |
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