Florence Hon, INC

$447,250 PPP Loan in Florence, Alabama

Loan Details

Loan Number
2377047103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$447,250
Current Approval
$447,250
Forgiveness Amount
$450,853
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Florence Hon, INC
Address
250 Cox Creek Parkway
State
Alabama
ZIP Code
35630-1536
Business Type
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
38
Estimated Revenue
$9.6M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$405,000
Rent
$25,000
Utilities
$17,250

Lender Information

Servicing Lender
First Bank of Boaz
Originating Lender
First Bank of Boaz

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