Sobh Automotive of Cumming, Inc.

$1,300,800 PPP Loan in Cumming, Georgia

Loan Details

Loan Number
1824417301
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,300,800
Current Approval
$1,300,800
Forgiveness Amount
$1,313,523
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sobh Automotive of Cumming, Inc.
Address
1105 Buford Rd
State
Georgia
ZIP Code
30041
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
92
Estimated Revenue
$23.2M
Rural/Urban
Urban
Congressional District
GA-06

Loan Use Breakdown

Payroll
$1,300,800

Lender Information

Servicing Lender
United Community Bank
Originating Lender
United Community Bank

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