Formula Ford of Rutland County INC

$389,847 PPP Loan in Rutland, Vermont

Loan Details

Loan Number
1855038402
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$389,847
Current Approval
$389,847
Forgiveness Amount
$392,392
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Formula Ford of Rutland County INC
Address
4318 Middle Rd
State
Vermont
ZIP Code
05701-4729
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
30
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$389,847

Lender Information

Servicing Lender
Northfield Savings Bank
Originating Lender
Northfield Savings Bank

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