Em2 Automobiles, INC

$469,780 PPP Loan in Fort Morgan, Colorado

Loan Details

Loan Number
5266217009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$469,780
Current Approval
$469,780
Forgiveness Amount
$473,590
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Em2 Automobiles, INC
Address
1209 Main St
ZIP Code
80701-2052
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$9.0M
Rural/Urban
Rural
Congressional District
CO-04

Loan Use Breakdown

Payroll
$366,922
Rent
$93,788
Utilities
$9,070

Lender Information

Servicing Lender
Bank of Colorado
Originating Lender
Bank of Colorado

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