Franklin Ford-Mercury, INC
$531,900 PPP Loan in Rocky Mount, Virginia
Loan Details
- Loan Number
- 4071117303
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $531,900
- Current Approval
- $531,900
- Forgiveness Amount
- $538,618
- Forgiveness Date
- Aug 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Franklin Ford-Mercury, INC
- Address
- 19999 Virgil H Goode Hwy
- City
- Rocky Mount
- State
- Virginia
- ZIP Code
- 24151-3410
- 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
- 43
- Estimated Revenue
- $10.8M
- Rural/Urban
- Rural
- Congressional District
- VA-09
Loan Use Breakdown
- Payroll
- $398,925
- Utilities
- $132,975
Lender Information
- Servicing Lender
- The National Bank of Blacksburg
- Originating Lender
- The National Bank of Blacksburg
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