Garnet Ford Inc.

$969,500 PPP Loan in West Chester, Pennsylvania

Loan Details

Loan Number
2029258401
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$969,500
Current Approval
$797,500
Forgiveness Amount
$804,833
Forgiveness Date
Feb 14, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Garnet Ford Inc.
Address
1610 Wilmington Pike
ZIP Code
19382-8320
Business Type
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
62
Estimated Revenue
$15.6M
Rural/Urban
Urban
Congressional District
PA-05

Loan Use Breakdown

Payroll
$797,499

Lender Information

Servicing Lender
Newtek Small Business Finance, Inc.
Originating Lender
Newtek Small Business Finance, Inc.

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