Capitol City Ford, INC

$1,602,400 PPP Loan in Indianapolis, Indiana

Loan Details

Loan Number
4609447006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,602,400
Current Approval
$1,602,400
Forgiveness Amount
$1,614,166
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Capitol City Ford, INC
Address
8623 E Washington St
State
Indiana
ZIP Code
46219-6823
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
206
Estimated Revenue
$51.9M
Rural/Urban
Urban
Congressional District
IN-07

Loan Use Breakdown

Payroll
$1,252,000
Rent
$149,000
Utilities
$25,000
Health Care
$47,000
Debt Interest
$129,400

Lender Information

Servicing Lender
Star Financial Bank
Originating Lender
Star Financial Bank

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