Metro Ford, Inc.

$1,116,000 PPP Loan in Miami, Florida

Loan Details

Loan Number
7524447000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,116,000
Current Approval
$1,116,000
Forgiveness Amount
$1,129,759
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Metro Ford, Inc.
Address
9000 NW 7th Ave.
City
Miami
State
Florida
ZIP Code
33150-2308
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
97
Estimated Revenue
$24.4M
Rural/Urban
Urban
Congressional District
FL-24

Loan Use Breakdown

Payroll
$837,000
Utilities
$279,000

Lender Information

Servicing Lender
City National Bank of Florida
Originating Lender
City National Bank of Florida

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