Lofton Chevrolet INC
$161,691 PPP Loan in Henderson, Tennessee
Loan Details
- Loan Number
- 2066277105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $161,691
- Current Approval
- $161,691
- Forgiveness Amount
- $154,679
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lofton Chevrolet INC
- Address
- 1145 US Highway 45
- City
- Henderson
- State
- Tennessee
- ZIP Code
- 38340-4100
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $6.3M
- Rural/Urban
- Rural
- Congressional District
- TN-08
Loan Use Breakdown
- Payroll
- $151,691
- Rent
- $4,000
- Utilities
- $6,000
Lender Information
- Servicing Lender
- Decatur County Bank
- Originating Lender
- Decatur County Bank
Other PPP Loans in Henderson, TN
| Business | Approved | |
|---|---|---|
| Jones Contractors, Inc. | $10,000,000 |  Research |
| Freed-Hardeman University | $3,810,130 | Research |
| Henderson Stamping & Production Inc. | $1,375,438 | Research |
| Henderson Stamping & Production, Inc. | $1,324,100 | Research |
| Neo Products Corporation | $622,500 | Research |
Want to research this company further?
Try NewBizBot free