Ralph Hayes Motors, Inc.

$983,275 PPP Loan in Anderson, South Carolina

Loan Details

Loan Number
5733687010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$983,275
Current Approval
$983,275
Forgiveness Amount
$989,821
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ralph Hayes Motors, Inc.
Address
3525 Clemson Blvd
ZIP Code
29621-1312
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Southeast Toyota Distributors, LLC - Toyota Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
84
Estimated Revenue
$21.2M
Rural/Urban
Rural
Congressional District
SC-03

Loan Use Breakdown

Payroll
$871,620
Rent
$90,668
Utilities
$20,986

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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