Ford Del Sur, Inc.

$281,000 PPP Loan in Ponce, Puerto Rico

Loan Details

Loan Number
5758447102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$281,000
Current Approval
$281,000
Forgiveness Amount
$284,403
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ford Del Sur, Inc.
Address
Urb.reparada Calle Marginal, Carr.#2, Ponce by Pass
City
Ponce
ZIP Code
00732
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
51
Estimated Revenue
$12.9M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$235,000
Rent
$27,000
Utilities
$19,000

Lender Information

Servicing Lender
Banco Popular De Puerto Rico
Originating Lender
Banco Popular De Puerto Rico

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