Friendly Ford of Crosby, Inc.

$958,500 PPP Loan in Crosby, Texas

Loan Details

Loan Number
6330797106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$958,500
Current Approval
$958,500
Forgiveness Amount
$965,582
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Friendly Ford of Crosby, Inc.
Address
2425 Plaza Cir
City
Crosby
State
Texas
ZIP Code
77532-6618
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
79
Estimated Revenue
$19.9M
Rural/Urban
Urban
Congressional District
TX-36

Loan Use Breakdown

Payroll
$718,875
Utilities
$95,850
Mortgage Interest
$143,775

Lender Information

Servicing Lender
Wallis Bank
Originating Lender
Wallis Bank

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