Acton Ford, Inc.

$473,800 PPP Loan in Acton, Massachusetts

Loan Details

Loan Number
1180247302
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$473,800
Current Approval
$473,800
Forgiveness Amount
$476,722
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Acton Ford, Inc.
Address
76 Powdermill Rd
City
Acton
ZIP Code
01720-5930
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
38
Estimated Revenue
$9.6M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$366,000
Rent
$78,100
Utilities
$4,900
Health Care
$24,800

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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