Mclaughlin Motors Inc.
$574,585 PPP Loan in Sumter, South Carolina
Loan Details
- Loan Number
- 3110497202
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $574,585
- Current Approval
- $574,585
- Forgiveness Amount
- $581,560
- Forgiveness Date
- Jul 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mclaughlin Motors Inc.
- Address
- 950 N. Main
- City
- Sumter
- State
- South Carolina
- ZIP Code
- 29150
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 57
- Estimated Revenue
- $17.5M
- Rural/Urban
- Rural
- Congressional District
- SC-06
Loan Use Breakdown
- Payroll
- $430,939
- Utilities
- $143,646
Lender Information
- Servicing Lender
- The Bank of Clarendon
- Originating Lender
- The Bank of Clarendon
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