Center Motor Company Ford

$259,400 PPP Loan in Center, Texas

Loan Details

Loan Number
9650177002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$259,400
Current Approval
$259,400
Forgiveness Amount
$261,091
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Center Motor Company Ford
Address
825 Hurst St
City
Center
State
Texas
ZIP Code
75935-3417
Business Type
Sole Proprietorship
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
24
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$246,430
Rent
$7,782
Utilities
$5,188

Lender Information

Servicing Lender
Shelby Savings Bank, Ssb
Originating Lender
Shelby Savings Bank, Ssb

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