Ford Family Automotive LLC

$302,500 PPP Loan in Commerce, Texas

Loan Details

Loan Number
4391917110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$302,500
Current Approval
$295,107
Forgiveness Amount
$297,451
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ford Family Automotive LLC
Address
105 State Highway 224
State
Texas
ZIP Code
75428-2170
Business Type
Limited Liability Company(llc)
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
31
Estimated Revenue
$7.8M
Rural/Urban
Rural
Congressional District
TX-03

Loan Use Breakdown

Payroll
$295,107

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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