Ralph Sellers Motor Company LLC

$2,188,060 PPP Loan in Gonzales, Louisiana

Loan Details

Loan Number
1000727101
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,188,060
Current Approval
$2,188,060
Forgiveness Amount
$2,214,506
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ralph Sellers Motor Company LLC
Address
14215 N Airline Highway 0.0
ZIP Code
70737-6612
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
161
Estimated Revenue
$40.6M
Rural/Urban
Urban
Congressional District
LA-06

Loan Use Breakdown

Payroll
$1,695,335
Rent
$236,000
Utilities
$45,638
Health Care
$70,058
Debt Interest
$141,029

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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