Lipscomb Ford, LP

$891,600 PPP Loan in Burkburnett, Texas

Loan Details

Loan Number
4558197002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$891,600
Current Approval
$891,600
Forgiveness Amount
$900,293
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lipscomb Ford, LP
Address
912 Sheppard Rd
State
Texas
ZIP Code
76354-3637
Business Type
Limited Liability Partnership
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
70
Estimated Revenue
$17.6M
Rural/Urban
Urban
Congressional District
TX-13

Loan Use Breakdown

Payroll
$891,600

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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