Stivers Ford Lincoln, Inc.

$1,342,500 PPP Loan in Montgomery, Alabama

Loan Details

Loan Number
5242887006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,342,500
Current Approval
$1,342,500
Forgiveness Amount
$1,360,251
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stivers Ford Lincoln, Inc.
Address
4000 Eastern Blvd
State
Alabama
ZIP Code
36116-2642
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
125
Estimated Revenue
$31.5M
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$1,006,875
Rent
$268,500
Utilities
$67,125

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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