Florence Auto Acquisitions

$183,680 PPP Loan in Florence, Alabama

Loan Details

Loan Number
3086857202
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$183,680
Current Approval
$183,680
Forgiveness Amount
$185,149
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Florence Auto Acquisitions
Address
2261 Florence Blvd
State
Alabama
ZIP Code
35630-2852
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$10.6M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$165,300
Rent
$13,000
Utilities
$5,380

Lender Information

Servicing Lender
First Bank of Boaz
Originating Lender
First Bank of Boaz

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