SW Automobiles, Inc.

$318,489 PPP Loan in Asheboro, North Carolina

Loan Details

Loan Number
2651357106
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$318,489
Current Approval
$318,489
Forgiveness Amount
$321,435
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
SW Automobiles, Inc.
Address
1011 E. Dixie Drive
ZIP Code
27203-6616
Business Type
Subchapter S 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
34
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
NC-09

Loan Use Breakdown

Payroll
$318,489

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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