Empire Ford of New Bedford INC
$620,900 PPP Loan in New Bedford, Massachusetts
Loan Details
- Loan Number
- 4928727004
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $620,900
- Current Approval
- $620,900
- Forgiveness Amount
- $625,608
- Forgiveness Date
- Jan 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Empire Ford of New Bedford INC
- Address
- 395 Mount Pleasant St
- City
- New Bedford
- State
- Massachusetts
- ZIP Code
- 02746-1500
- 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
- 54
- Estimated Revenue
- $13.6M
- Rural/Urban
- Urban
- Congressional District
- MA-09
Loan Use Breakdown
- Payroll
- $534,800
- Rent
- $28,200
- Health Care
- $57,900
Lender Information
- Servicing Lender
- Mechanics Cooperative Bank
- Originating Lender
- Mechanics Cooperative Bank
Other PPP Loans in New Bedford, MA
| Business | Approved | |
|---|---|---|
| High Point Treatment Center, Inc. | $8,451,000 | |
| Bj's Service Company INC | $6,407,500 | |
| Child & Family Services, Inc. | $4,739,295 | |
| East Coast Seafood Group, LLC | $4,362,800 | |
| Acushent Rubber Co INC | $3,823,622 |
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