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Yaklin Ford Incorporated

$567,140 PPP Loan in Clute, Texas

Loan Details

Loan Number
6266917001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$567,140
Current Approval
$567,140
Forgiveness Amount
$571,772
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Yaklin Ford Incorporated
Address
1200 Highway 288 N
City
Clute
State
Texas
ZIP Code
77531
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
TX-14

Loan Use Breakdown

Payroll
$425,355
Rent
$70,893
Utilities
$70,893

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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