Petro Automotive Group INC

$738,260 PPP Loan in Hattiesburg, Mississippi

Loan Details

Loan Number
1332827201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$738,260
Current Approval
$738,260
Forgiveness Amount
$747,878
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Petro Automotive Group INC
Address
6248 U S Highway 98
ZIP Code
39402-8531
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.2M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$551,746
Rent
$54,000
Utilities
$30,502
Health Care
$43,356
Mortgage Interest
$22,000
Debt Interest
$36,656

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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