Jack Powell Ford-Mercury, Ltd

$258,302 PPP Loan in Mineral Wells, Texas

Loan Details

Loan Number
6879697010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$258,302
Current Approval
$258,302
Forgiveness Amount
$260,046
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jack Powell Ford-Mercury, Ltd
Address
1418 SE 1st St
State
Texas
ZIP Code
76067-5510
Business Type
Limited Liability Partnership
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
20
Estimated Revenue
$5.0M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$193,727
Utilities
$64,576

Lender Information

Servicing Lender
First Financial Bank
Originating Lender
First Financial Bank

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