Koby Import Auto, INC

$501,200 PPP Loan in Mobile, Alabama

Loan Details

Loan Number
1065247100
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$501,200
Current Approval
$501,200
Forgiveness Amount
$512,988
Forgiveness Date
Aug 23, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Koby Import Auto, INC
Address
1431 East I-65 Service Rd. S 0.0
City
Mobile
State
Alabama
ZIP Code
36606-2743
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
AL-01

Loan Use Breakdown

Payroll
$401,000
Rent
$46,250
Utilities
$14,050
Health Care
$19,300
Debt Interest
$20,600

Lender Information

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

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