Lynn Layton Cadillac-Nissan INC
$581,600 PPP Loan in Decatur, Alabama
Loan Details
- Loan Number
- 4972907007
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $581,600
- Current Approval
- $513,868
- Forgiveness Amount
- $518,735
- Forgiveness Date
- Mar 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lynn Layton Cadillac-Nissan INC
- Address
- 2402 6th Ave
- City
- Decatur
- State
- Alabama
- ZIP Code
- 35601-6516
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 58
- Estimated Revenue
- $14.6M
- Rural/Urban
- Rural
- Congressional District
- AL-05
Loan Use Breakdown
- Payroll
- $462,481
- Mortgage Interest
- $51,387
Lender Information
- Servicing Lender
- United Community Bank
- Originating Lender
- United Community Bank
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