Woody Folsom Ford Inc.

$1,125,700 PPP Loan in Baxley, Georgia

Loan Details

Loan Number
7380067004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,125,700
Current Approval
$1,125,700
Forgiveness Amount
$1,134,551
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Woody Folsom Ford Inc.
Address
1633 Golden Isle W.
City
Baxley
State
Georgia
ZIP Code
31513-9128
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
112
Estimated Revenue
$28.2M
Rural/Urban
Rural
Congressional District
GA-01

Loan Use Breakdown

Payroll
$985,700
Utilities
$60,000
Health Care
$41,000
Mortgage Interest
$39,000

Lender Information

Servicing Lender
Pineland Bank
Originating Lender
Pineland Bank

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