Lee Mehta Dealerships, INC
$404,501 PPP Loan in Bay City, Texas
Loan Details
- Loan Number
- 4598957108
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $404,501
- Current Approval
- $409,333
- Forgiveness Amount
- $412,676
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lee Mehta Dealerships, INC
- Address
- 5020 7th St
- City
- Bay City
- State
- Texas
- ZIP Code
- 77414-8705
- 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
- 40
- Estimated Revenue
- $10.1M
- Rural/Urban
- Rural
- Congressional District
- TX-22
Loan Use Breakdown
- Payroll
- $409,333
Lender Information
- Servicing Lender
- Ally Bank
- Originating Lender
- Ally Bank
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