Petro Chevrolet Cadillac INC

$329,885 PPP Loan in Pascagoula, Mississippi

Loan Details

Loan Number
5217447208
Date Approved
Apr 27, 2020
Loan Status
Exemption 4
Initial Approval
$329,885
Current Approval
$329,885
Forgiveness Amount
$152,825
Forgiveness Date
Dec 22, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Petro Chevrolet Cadillac INC
Address
4012 14th St
ZIP Code
39567-2406
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
22
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MS-04

Loan Use Breakdown

Payroll
$246,543
Rent
$24,129
Utilities
$13,630
Health Care
$19,374
Mortgage Interest
$9,830
Debt Interest
$16,379

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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