Benson Motor Company

$1,883,800 PPP Loan in Metairie, Louisiana

Loan Details

Loan Number
1800857201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,883,800
Current Approval
$1,883,800
Forgiveness Amount
$1,897,301
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Benson Motor Company
Address
3727 Veterans Memorial Blvd
ZIP Code
70002-5840
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Mercedes-Benz - Passenger Car Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
127
Estimated Revenue
$32.0M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$1,883,800

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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