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Chatom Motor Co INC

$231,042 PPP Loan in Chatom, Alabama

Loan Details

Loan Number
5042358906
Date Approved
Apr 29, 2021
Loan Status
Paid in Full
Initial Approval
$231,042
Current Approval
$231,042
Forgiveness Amount
$232,614
Forgiveness Date
Jan 4, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Chatom Motor Co INC
Address
16835 Jordan Street
City
Chatom
State
Alabama
ZIP Code
36518
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$231,039
Utilities
$1

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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