Eldorado Motors, INC

$2,658,400 PPP Loan in Mckinney, Texas

Loan Details

Loan Number
5373157010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,658,400
Current Approval
$2,658,400
Forgiveness Amount
$2,694,598
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Eldorado Motors, INC
Address
2300 Central Expy
State
Texas
ZIP Code
75070-3746
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
201
Estimated Revenue
$50.7M
Rural/Urban
Urban
Congressional District
TX-03

Loan Use Breakdown

Payroll
$1,993,800
Rent
$221,533
Utilities
$221,533
Health Care
$221,534

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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