Gerry Wood Automotive LLC

$1,996,162 PPP Loan in Salisbury, North Carolina

Loan Details

Loan Number
5840228406
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$1,996,162
Current Approval
$1,996,162
Forgiveness Amount
$2,008,248
Forgiveness Date
Sep 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Gerry Wood Automotive LLC
Address
525 Jake Alexander Blvd S
ZIP Code
28147-9055
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
126
Estimated Revenue
$31.8M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$1,996,160
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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