Southwest Auto Group, LLC

$617,500 PPP Loan in Arkadelphia, Arkansas

Loan Details

Loan Number
1317297101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$617,500
Current Approval
$617,500
Forgiveness Amount
$624,572
Forgiveness Date
Jun 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southwest Auto Group, LLC
Address
1407 N 10th St
ZIP Code
71923-2511
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$14.9M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$463,125
Rent
$92,625
Utilities
$61,750

Lender Information

Servicing Lender
Southern Bancorp Bank
Originating Lender
Southern Bancorp Bank

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