Frederick Ford, Inc.

$713,740 PPP Loan in Seaford, Delaware

Loan Details

Loan Number
1285837200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$713,740
Current Approval
$713,740
Forgiveness Amount
$720,975
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Frederick Ford, Inc.
Address
Po Box 1420
ZIP Code
19973
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$13.6M
Rural/Urban
Rural
Congressional District
DE-

Loan Use Breakdown

Payroll
$538,960
Rent
$42,040
Utilities
$4,500
Health Care
$32,000
Debt Interest
$96,240

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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