A & D Automotive, Inc.

$531,000 PPP Loan in Dothan, Alabama

Loan Details

Loan Number
5560207007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$531,000
Current Approval
$531,000
Forgiveness Amount
$534,466
Forgiveness Date
Dec 7, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
A & D Automotive, Inc.
Address
4074 Ross Clark Cir
City
Dothan
State
Alabama
ZIP Code
36303-5724
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$10.8M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$426,000
Rent
$39,600
Utilities
$11,200
Debt Interest
$54,200

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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