Cypress Ford Lincoln Mercury, LP

$642,100 PPP Loan in Mount Pleasant, Texas

Loan Details

Loan Number
5442017008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$642,100
Current Approval
$642,100
Forgiveness Amount
$646,523
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cypress Ford Lincoln Mercury, LP
Address
2055 Burton Rd
State
Texas
ZIP Code
75455-2208
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$14.6M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$568,506
Rent
$50,000
Utilities
$5,874
Health Care
$17,721

Lender Information

Servicing Lender
Citizens Bank
Originating Lender
Citizens Bank

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