Jlt Automotive, Inc.

$733,500 PPP Loan in Mc Gregor, Texas

Loan Details

Loan Number
1912657107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$733,500
Current Approval
$733,500
Forgiveness Amount
$738,223
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jlt Automotive, Inc.
Address
1015 E. Mcgregor Dr
State
Texas
ZIP Code
76657-1310
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
50
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
TX-17

Loan Use Breakdown

Payroll
$650,786
Health Care
$82,714

Lender Information

Servicing Lender
Interbank
Originating Lender
Interbank

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