Fred a Groves Motor Company

$698,729 PPP Loan in Cape Girardeau, Missouri

Loan Details

Loan Number
5185017006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$698,729
Current Approval
$802,896
Forgiveness Amount
$809,252
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fred a Groves Motor Company
Address
1501 N Kinghighway
ZIP Code
63701-2149
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$17.6M
Rural/Urban
Rural
Congressional District
MO-08

Loan Use Breakdown

Payroll
$802,896

Lender Information

Servicing Lender
First Missouri State Bank of Cape County
Originating Lender
First Missouri State Bank of Cape County

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