Mike Terry Automotive Group, LLC

$445,765 PPP Loan in Mexia, Texas

Loan Details

Loan Number
1027527100
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$445,765
Current Approval
$445,765
Forgiveness Amount
$451,153
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike Terry Automotive Group, LLC
Address
1100 E Milam St 0.0
City
Mexia
State
Texas
ZIP Code
76667-2529
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
35
Estimated Revenue
$8.8M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$400,745
Rent
$25,000
Utilities
$5,020
Health Care
$15,000

Lender Information

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

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