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Canton Motors LLC

$169,000 PPP Loan in Terrell, Texas

Loan Details

Loan Number
4157297105
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$169,000
Current Approval
$169,000
Forgiveness Amount
$171,272
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Canton Motors LLC
Address
1608 W Moore Ave
City
Terrell
State
Texas
ZIP Code
75160-2308
Business Type
Limited Liability Partnership
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-05

Loan Use Breakdown

Payroll
$136,693
Rent
$27,692
Refinance EIDL
$4,615

Lender Information

Servicing Lender
Independent Bank D/b/a Independent Financial
Originating Lender
Independent Bank D/b/a Independent Financial

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