Cloninger Ford, Inc.
$1,219,700 PPP Loan in Salisbury, North Carolina
Loan Details
- Loan Number
- 6561367103
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,219,700
- Current Approval
- $1,219,700
- Forgiveness Amount
- $1,231,795
- Forgiveness Date
- Apr 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cloninger Ford, Inc.
- Address
- 511 Jake Alexander Blvd
- City
- Salisbury
- State
- North Carolina
- ZIP Code
- 28147-9055
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (454390)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 112
- Estimated Revenue
- $26.8M
- Rural/Urban
- Rural
- Congressional District
- NC-08
Loan Use Breakdown
- Payroll
- $1,219,700
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
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