Solomon Motor Co., INC
$584,600 PPP Loan in Dothan, Alabama
Loan Details
- Loan Number
- 5370637006
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $584,600
- Current Approval
- $584,600
- Forgiveness Amount
- $588,499
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $521,934
- Rent
- $45,400
- Utilities
- $17,266
Lender Information
- Servicing Lender
- Servisfirst Bank
- Originating Lender
- Servisfirst Bank
Other PPP Loans in Dothan, AL
| Business | Approved | |
|---|---|---|
| Dothan Security INC | $10,000,000 | |
| Sunsouth, LLC | $4,169,000 | |
| Seven Restaurants, LLC | $4,130,980 | |
| Four Star Freightliner, Inc. | $2,573,167 | |
| Bondy's Ford INC | $2,362,000 |
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