Berglund Ford, Inc.
$558,200 PPP Loan in Salem, Virginia
Loan Details
- Loan Number
- 6858387001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $558,200
- Current Approval
- $558,200
- Forgiveness Amount
- $565,224
- Forgiveness Date
- Jul 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Berglund Ford, Inc.
- Address
- 834 East Main Street
- City
- Salem
- State
- Virginia
- ZIP Code
- 24153-4313
- Business Type
- Subchapter S 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
- Urban
- Congressional District
- VA-06
Loan Use Breakdown
- Payroll
- $435,396
- Rent
- $100,476
- Utilities
- $16,746
- Mortgage Interest
- $5,582
Lender Information
- Servicing Lender
- Atlantic Union Bank
- Originating Lender
- Atlantic Union Bank
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