Floresville Ford Mercury, Ltd

$397,000 PPP Loan in Floresville, Texas

Loan Details

Loan Number
8751657009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$397,000
Current Approval
$397,000
Forgiveness Amount
$401,557
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Floresville Ford Mercury, Ltd
Address
501 - 10th St
State
Texas
ZIP Code
78114-3107
Business Type
Partnership
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
43
Estimated Revenue
$10.8M
Rural/Urban
Rural
Congressional District
TX-28

Loan Use Breakdown

Payroll
$321,570
Rent
$63,520
Utilities
$11,910

Lender Information

Servicing Lender
Jefferson Bank
Originating Lender
Jefferson Bank

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