FUTURE FORD SALES (DE) - 2020 PPP Loan Borrower Profile (# 2619307102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FUTURE FORD SALES. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

2619307102

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$1,027,835

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$1,034,903.13

Date Loan was Forgiven

Dec 22, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

37,891

Payroll Proced

680,638

Mortgage Interest Proceed

20,000

Rent Proceed

102,292

Health Care Proceed

88,862

Debt Interest Proceed

98,152

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

WILMINGTON, DE

Project Location

WILMINGTON, DE

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.