Swain Motors INC

$292,877 PPP Loan in Hermiston, Oregon

Loan Details

Loan Number
3544847110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$292,877
Current Approval
$292,877
Forgiveness Amount
$295,334
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Swain Motors INC
Address
80406 Hwy 395 N
State
Oregon
ZIP Code
97838-1111
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
22
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
OR-02

Loan Use Breakdown

Payroll
$292,877

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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