Westcott Automotive

$610,714 PPP Loan in Burlington, North Carolina

Loan Details

Loan Number
2888967110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$610,714
Current Approval
$610,714
Forgiveness Amount
$615,973
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Westcott Automotive
Address
2410 S Church St
ZIP Code
27215-5202
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
49
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
NC-04

Loan Use Breakdown

Payroll
$610,714

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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