Bud Cross Ford, INC

$380,000 PPP Loan in Caldwell, Texas

Loan Details

Loan Number
7042097010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$380,000
Current Approval
$380,000
Forgiveness Amount
$382,554
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bud Cross Ford, INC
Address
150 State Highway 36 S
State
Texas
ZIP Code
77836-7563
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
26
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$349,200
Rent
$23,000
Utilities
$3,000
Debt Interest
$4,800

Lender Information

Servicing Lender
Citizens State Bank
Originating Lender
Citizens State Bank

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