Stearns Ford INC
$693,700 PPP Loan in Burlington, North Carolina
Loan Details
- Loan Number
- 2801297206
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $693,700
- Current Approval
- $693,700
- Forgiveness Amount
- $701,581
- Forgiveness Date
- Jun 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Stearns Ford INC
- Address
- 602 Alamance Rd
- City
- Burlington
- State
- North Carolina
- ZIP Code
- 27215
- 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
- 55
- Estimated Revenue
- $13.9M
- Rural/Urban
- Urban
- Congressional District
- NC-04
Loan Use Breakdown
- Payroll
- $693,700
Lender Information
- Servicing Lender
- Atlantic Union Bank
- Originating Lender
- Atlantic Union Bank
Other PPP Loans in Burlington, NC
| Business | Approved | |
|---|---|---|
| Carolina Biological Supply Company | $5,576,900 | |
| Chandler Concrete Co INC | $3,790,800 | |
| Kernodle Clinic, Inc. | $3,464,700 | |
| Alamance Foods INC | $3,253,300 | |
| National Ondemand INC | $3,238,400 |
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