Burns Motors Ltd

$1,671,700 PPP Loan in Mcallen, Texas

Loan Details

Loan Number
2190198403
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$1,671,700
Current Approval
$1,671,700
Forgiveness Amount
$1,681,080
Forgiveness Date
Sep 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Burns Motors Ltd
Address
1300 E US Highway 83
State
Texas
ZIP Code
78501-8852
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
138
Estimated Revenue
$34.8M
Rural/Urban
Urban
Congressional District
TX-15

Loan Use Breakdown

Payroll
$1,671,694
Utilities
$1

Lender Information

Servicing Lender
Lone Star National Bank
Originating Lender
Lone Star National Bank

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