Gainesville Motors, Inc.

$649,060 PPP Loan in Gainesville, Florida

Loan Details

Loan Number
3084517103
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$649,060
Current Approval
$649,060
Forgiveness Amount
$657,209
Forgiveness Date
Jul 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gainesville Motors, Inc.
Address
300 N Main St.
State
Florida
ZIP Code
32609-3001
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
FL-03

Loan Use Breakdown

Payroll
$649,060

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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