Lipscomb Auto Center, Inc.
$408,900 PPP Loan in Bowie, Texas
Loan Details
- Loan Number
- 4553957006
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $408,900
- Current Approval
- $408,900
- Forgiveness Amount
- $412,728
- Forgiveness Date
- Mar 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lipscomb Auto Center, Inc.
- Address
- 14135 US 287 Frontage Road
- City
- Bowie
- State
- Texas
- ZIP Code
- 76230-6104
- Business Type
- 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
- 30
- Estimated Revenue
- $7.6M
- Rural/Urban
- Rural
- Congressional District
- TX-13
Loan Use Breakdown
- Payroll
- $408,900
Lender Information
- Servicing Lender
- Prosperity Bank
- Originating Lender
- Prosperity Bank
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