Town North Automotive, INC
$801,395 PPP Loan in Richardson, Texas
Loan Details
- Loan Number
- 1564997107
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $801,395
- Current Approval
- $801,395
- Forgiveness Amount
- $811,518
- Forgiveness Date
- Jul 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Town North Automotive, INC
- Address
- 307 S Central Expressway 0.0
- City
- Richardson
- State
- Texas
- ZIP Code
- 75080-6307
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 51
- Estimated Revenue
- $12.9M
- Rural/Urban
- Urban
- Congressional District
- TX-32
Loan Use Breakdown
- Payroll
- $712,139
- Rent
- $29,456
- Utilities
- $7,767
- Health Care
- $23,802
- Debt Interest
- $28,231
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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