Opelika Ford INC

$454,545 PPP Loan in Opelika, Alabama

Loan Details

Loan Number
9678577006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$454,545
Current Approval
$454,545
Forgiveness Amount
$458,206
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Opelika Ford INC
Address
801 Columbus Parkway
State
Alabama
ZIP Code
36801-5937
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
41
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
AL-03

Loan Use Breakdown

Payroll
$410,000
Rent
$26,000
Utilities
$18,545

Lender Information

Servicing Lender
First Bank of Boaz
Originating Lender
First Bank of Boaz

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