Pearman Motor Company Ltd

$291,565 PPP Loan in Alto, Texas

Loan Details

Loan Number
4962817109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$291,565
Current Approval
$291,565
Forgiveness Amount
$293,946
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pearman Motor Company Ltd
Address
240 Marcus St
City
Alto
State
Texas
ZIP Code
75925-2148
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
TX-06

Loan Use Breakdown

Payroll
$291,565

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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