Absher-Arnold Motors, LLC

$312,800 PPP Loan in Marion, Illinois

Loan Details

Loan Number
4982117010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$312,800
Current Approval
$312,800
Forgiveness Amount
$314,968
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Absher-Arnold Motors, LLC
Address
3203 Deyoung St
City
Marion
ZIP Code
62959-5532
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$272,800
Utilities
$15,000
Mortgage Interest
$25,000

Lender Information

Servicing Lender
First Southern Bank
Originating Lender
First Southern Bank

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