Coates Motor Rental, Inc.

$326,989 PPP Loan in Madison, Alabama

Loan Details

Loan Number
4405177104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$326,989
Current Approval
$326,989
Forgiveness Amount
$331,020
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Coates Motor Rental, Inc.
Address
9290 Madison Blvd
State
Alabama
ZIP Code
35758-9153
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532111)
Franchise
Avis Rent a Car
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$10.4M
Rural/Urban
Urban
Congressional District
AL-05

Loan Use Breakdown

Payroll
$326,989

Lender Information

Servicing Lender
Southern States Bank
Originating Lender
Southern States Bank

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