Beasley Motor Company, LLC

$56,000 PPP Loan in Dothan, Alabama

Loan Details

Loan Number
5516707007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$56,000
Current Approval
$56,000
Forgiveness Amount
$56,613
Forgiveness Date
May 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Beasley Motor Company, LLC
Address
2379 Hartford Hwy
City
Dothan
State
Alabama
ZIP Code
36305-4913
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (444210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$40,000
Rent
$8,000
Utilities
$1,000
Mortgage Interest
$3,000
Debt Interest
$4,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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