Seminole Ford-Mercury, INC

$517,500 PPP Loan in Seminole, Oklahoma

Loan Details

Loan Number
3072997110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$517,500
Current Approval
$517,500
Forgiveness Amount
$520,889
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Seminole Ford-Mercury, INC
Address
2222 N Milt Phillips
ZIP Code
74868-2344
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
41
Estimated Revenue
$10.3M
Rural/Urban
Rural
Congressional District
OK-05

Loan Use Breakdown

Payroll
$388,125
Rent
$70,000
Utilities
$12,000
Health Care
$35,128
Debt Interest
$12,247

Lender Information

Servicing Lender
Bancfirst
Originating Lender
Bancfirst

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