Gilbert & Baugh Ford INC

$575,090 PPP Loan in Albertville, Alabama

Loan Details

Loan Number
1365587110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$575,090
Current Approval
$575,090
Forgiveness Amount
$578,878
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gilbert & Baugh Ford INC
Address
10195 US Highway 431
State
Alabama
ZIP Code
35950-0134
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$460,072
Utilities
$32,452
Health Care
$14,812
Mortgage Interest
$67,754

Lender Information

Servicing Lender
First Southern State Bank
Originating Lender
First Southern State Bank

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