Stanford Motors, INC

$148,000 PPP Loan in Vernon, Alabama

Loan Details

Loan Number
5667987007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$148,000
Current Approval
$148,000
Forgiveness Amount
$148,999
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Stanford Motors, INC
Address
9631 Highway 18
City
Vernon
State
Alabama
ZIP Code
35592-5259
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$148,000

Lender Information

Servicing Lender
The Bank of Vernon
Originating Lender
The Bank of Vernon

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