Ramsey Ford Inc.

$478,752 PPP Loan in Rising Sun, Maryland

Loan Details

Loan Number
7558277104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$478,752
Current Approval
$478,752
Forgiveness Amount
$483,251
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ramsey Ford Inc.
Address
1233 Telegraph Road
ZIP Code
21911
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.3M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$344,017
Rent
$100,000
Utilities
$18,735
Health Care
$16,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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