Fairway Ford Mercury, INC

$488,100 PPP Loan in Henderson, Texas

Loan Details

Loan Number
7021907005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$488,100
Current Approval
$488,100
Forgiveness Amount
$491,497
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Fairway Ford Mercury, INC
Address
301 Highway 79 S.
State
Texas
ZIP Code
75654-3607
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$13.6M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$366,075
Rent
$97,620
Utilities
$14,643
Debt Interest
$9,762

Lender Information

Servicing Lender
Origin Bank
Originating Lender
Origin Bank

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