Sharpnack Ford Inc.

$379,500 PPP Loan in Willard, Ohio

Loan Details

Loan Number
4858067000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$379,500
Current Approval
$379,500
Forgiveness Amount
$384,241
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sharpnack Ford Inc.
Address
1330 S. Conwell Ave
State
Ohio
ZIP Code
44890-9148
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
40
Estimated Revenue
$10.1M
Rural/Urban
Rural
Congressional District
OH-05

Loan Use Breakdown

Payroll
$303,500
Rent
$30,000
Utilities
$15,000
Health Care
$16,000
Debt Interest
$15,000

Lender Information

Servicing Lender
Sutton Bank
Originating Lender
Sutton Bank

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