Independence Ford, Inc.

$668,520 PPP Loan in Bloomsburg, Pennsylvania

Loan Details

Loan Number
7815847100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$668,520
Current Approval
$668,520
Forgiveness Amount
$674,308
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Independence Ford, Inc.
Address
3101 Columbia Blvd
ZIP Code
17815
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
54
Estimated Revenue
$13.6M
Rural/Urban
Rural
Congressional District
PA-09

Loan Use Breakdown

Payroll
$587,227
Rent
$23,000
Utilities
$4,939
Health Care
$30,985
Debt Interest
$22,369

Lender Information

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

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