Towne Ford, INC

$2,088,152 PPP Loan in Orchard Park, New York

Loan Details

Loan Number
7737317109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,088,152
Current Approval
$2,088,152
Forgiveness Amount
$2,114,468
Forgiveness Date
Jul 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Towne Ford, INC
Address
3535 Southwestern Boulevard
ZIP Code
14127
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
172
Estimated Revenue
$43.3M
Rural/Urban
Urban
Congressional District
NY-23

Loan Use Breakdown

Payroll
$1,742,405
Rent
$150,000
Utilities
$30,000
Health Care
$165,747

Lender Information

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

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