K&g Motors of West, INC
$486,700 PPP Loan in West, Texas
Loan Details
- Loan Number
- 1766207200
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $486,700
- Current Approval
- $486,700
- Forgiveness Amount
- $492,297
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- K&g Motors of West, INC
- Address
- 225 T M West Pkwy
- City
- West
- State
- Texas
- ZIP Code
- 76691-2592
- Business Type
- Subchapter S Corporation
- 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
- 33
- Estimated Revenue
- $8.3M
- Rural/Urban
- Urban
- Congressional District
- TX-17
Loan Use Breakdown
- Payroll
- $389,360
- Rent
- $48,670
- Utilities
- $48,670
Lender Information
- Servicing Lender
- The First National Bank of Mcgregor D/b/a Tfnb Your Bank for Life
- Originating Lender
- The First National Bank of Mcgregor D/b/a Tfnb Your Bank for Life
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