Young Motors, LLC

$312,900 PPP Loan in Boaz, Alabama

Loan Details

Loan Number
4792077010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$312,900
Current Approval
$312,900
Forgiveness Amount
$315,029
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Young Motors, LLC
Address
12900 US Highway 431
City
Boaz
State
Alabama
ZIP Code
35956-2050
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$302,900
Utilities
$10,000

Lender Information

Servicing Lender
Peoples Independent Bank
Originating Lender
Peoples Independent Bank

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