Orr Motors South, Inc.

$592,600 PPP Loan in Searcy, Arkansas

Loan Details

Loan Number
5827877009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$592,600
Current Approval
$592,600
Forgiveness Amount
$599,468
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Orr Motors South, Inc.
Address
1000 Truman Baker Dr
City
Searcy
ZIP Code
72143-8343
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$12.9M
Rural/Urban
Rural
Congressional District
AR-02

Loan Use Breakdown

Payroll
$592,600

Lender Information

Servicing Lender
Farmers Bank & Trust Company
Originating Lender
Farmers Bank & Trust Company

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