Southwest Autoplex III LLC

$436,000 PPP Loan in Sherman, Texas

Loan Details

Loan Number
1475537205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$436,000
Current Approval
$436,000
Forgiveness Amount
$438,819
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southwest Autoplex III LLC
Address
3314 Texoma Parkway
State
Texas
ZIP Code
75090
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.8M
Rural/Urban
Rural
Congressional District
TX-04

Loan Use Breakdown

Payroll
$436,000

Lender Information

Servicing Lender
Simmons Bank
Originating Lender
Simmons Bank

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