North Florence Auto Acquisitions, INC

$379,930 PPP Loan in Florence, Alabama

Loan Details

Loan Number
2411837109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$379,930
Current Approval
$379,930
Forgiveness Amount
$384,323
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
North Florence Auto Acquisitions, INC
Address
2354 Florence Blvd
State
Alabama
ZIP Code
35630-2878
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$10.6M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$345,000
Rent
$20,000
Utilities
$14,930

Lender Information

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

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