Ferro Automotive Group, Inc.

$426,300 PPP Loan in Fairfield, California

Loan Details

Loan Number
2220437300
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$426,300
Current Approval
$426,300
Forgiveness Amount
$430,741
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ferro Automotive Group, Inc.
Address
2501 Martin Rd
ZIP Code
94534-1019
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
CA-08

Loan Use Breakdown

Payroll
$341,054
Mortgage Interest
$85,246

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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