Smackover Motors, INC

$158,400 PPP Loan in Smackover, Arkansas

Loan Details

Loan Number
5523837009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$158,400
Current Approval
$158,400
Forgiveness Amount
$159,447
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Smackover Motors, INC
Address
4355 Smackover Hwy
ZIP Code
71762-9530
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$118,800
Utilities
$39,600

Lender Information

Servicing Lender
Generations Bank
Originating Lender
Generations Bank

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