Davis Motorcars of Austin Ltd

$569,260 PPP Loan in Austin, Texas

Loan Details

Loan Number
2904167706
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$569,260
Current Approval
$569,260
Forgiveness Amount
$574,870
Forgiveness Date
Apr 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Davis Motorcars of Austin Ltd
Address
4801 S Interstate 35
City
Austin
State
Texas
ZIP Code
78744
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
TX-35

Loan Use Breakdown

Payroll
$419,935
Rent
$110,000
Utilities
$17,500
Health Care
$21,825

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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