R L Thornton Motor Company, LLC

$1,460,755 PPP Loan in Dallas, Texas

Loan Details

Loan Number
2280127107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,460,755
Current Approval
$1,460,755
Forgiveness Amount
$1,473,699
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R L Thornton Motor Company, LLC
Address
9301 E R L Thornton Freeway
City
Dallas
State
Texas
ZIP Code
75228-6112
Business Type
Limited Liability Company(llc)
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
126
Estimated Revenue
$31.8M
Rural/Urban
Urban
Congressional District
TX-32

Loan Use Breakdown

Payroll
$1,460,755

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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