Ed Butts Ford INC

$724,192 PPP Loan in La Puente, California

Loan Details

Loan Number
8515567004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$724,192
Current Approval
$724,192
Forgiveness Amount
$730,303
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ed Butts Ford INC
Address
1515 N Hacienda Blvd
ZIP Code
91744-1135
Business Type
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
65
Estimated Revenue
$16.4M
Rural/Urban
Urban
Congressional District
CA-31

Loan Use Breakdown

Payroll
$579,354
Rent
$82,500
Utilities
$5,000
Health Care
$57,338

Lender Information

Servicing Lender
Banc of California
Originating Lender
Banc of California

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