Southtowne Motors of Newnan, Inc.
$1,782,655 PPP Loan in Newnan, Georgia
Loan Details
- Loan Number
- 3153297103
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,782,655
- Current Approval
- $1,782,655
- Forgiveness Amount
- $1,797,213
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southtowne Motors of Newnan, Inc.
- Address
- 695 Bullsboro Drive
- City
- Newnan
- State
- Georgia
- ZIP Code
- 30265-1008
- Business Type
- Subchapter S 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
- 149
- Estimated Revenue
- $37.5M
- Rural/Urban
- Rural
- Congressional District
- GA-03
Loan Use Breakdown
- Payroll
- $1,782,655
Lender Information
- Servicing Lender
- Ally Bank
- Originating Lender
- Ally Bank
Other PPP Loans in Newnan, GA
| Business | Approved | |
|---|---|---|
| Kason Industries Inc. | $4,495,302 |  Research |
| Sawtst LLC | $2,714,250 | Research |
| Mega Granite & Marble, Inc. | $2,500,000 | Research |
| Southern Bone & Joint Ambulatory Surgical Center, LLC | $2,361,500 | Research |
| Southeastern Site Development, INC | $2,074,200 | Research |
Want to research this company further?
Try NewBizBot free