Rick Sparks Enterprises, INC

$1,536,000 PPP Loan in Myrtle Beach, South Carolina

Loan Details

Loan Number
4912657002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,536,000
Current Approval
$1,536,000
Forgiveness Amount
$1,549,995
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rick Sparks Enterprises, INC
Address
4855 Highwaay 501
ZIP Code
29579-9446
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Southeast Toyota Distributors, LLC - Toyota Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
155
Estimated Revenue
$39.1M
Rural/Urban
Rural
Congressional District
SC-07

Loan Use Breakdown

Payroll
$1,228,800
Utilities
$57,200
Health Care
$45,000
Debt Interest
$205,000

Lender Information

Servicing Lender
First Palmetto Bank
Originating Lender
First Palmetto Bank

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