Carman Ford Lincoln, Inc.

$1,100,000 PPP Loan in New Castle, Delaware

Loan Details

Loan Number
1355727209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,100,000
Current Approval
$1,100,000
Forgiveness Amount
$1,110,879
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carman Ford Lincoln, Inc.
Address
193 South Dupont Highway
ZIP Code
19720
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
95
Estimated Revenue
$23.9M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$1,043,172
Health Care
$56,828

Lender Information

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

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