James Wood Autopark, Inc.

$2,971,500 PPP Loan in Denton, Texas

Loan Details

Loan Number
2595677102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,971,500
Current Approval
$2,971,500
Forgiveness Amount
$3,005,367
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
James Wood Autopark, Inc.
Address
3906 I35e South
City
Denton
State
Texas
ZIP Code
76210-9321
Business Type
Corporation
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
242
Estimated Revenue
$61.0M
Rural/Urban
Urban
Congressional District
TX-13

Loan Use Breakdown

Payroll
$2,200,800
Rent
$600,000
Utilities
$60,000
Health Care
$110,700

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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