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Jim Falk Motors, INC

$532,500 PPP Loan in Clinton, Missouri

Loan Details

Loan Number
5794567002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$532,500
Current Approval
$532,500
Forgiveness Amount
$536,183
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jim Falk Motors, INC
Address
1201 North 2nd St
City
Clinton
State
Missouri
ZIP Code
64735-1423
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$21.4M
Rural/Urban
Rural
Congressional District
MO-04

Loan Use Breakdown

Payroll
$426,000
Mortgage Interest
$106,500

Lender Information

Servicing Lender
Hawthorn Bank
Originating Lender
Hawthorn Bank

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