Cosmo Motors INC

$375,280 PPP Loan in Hickory, North Carolina

Loan Details

Loan Number
1754087106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$375,280
Current Approval
$375,280
Forgiveness Amount
$380,107
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cosmo Motors INC
Address
545 12th St Dr NW
ZIP Code
28601-2703
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$300,224
Rent
$25,000
Utilities
$38,537
Health Care
$11,519

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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