Classic Motors of Texarkana, Inc.

$1,136,190 PPP Loan in Texarkana, Texas

Loan Details

Loan Number
5868397003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,136,190
Current Approval
$1,136,190
Forgiveness Amount
$1,149,482
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Classic Motors of Texarkana, Inc.
Address
4333 Mall Ln
State
Texas
ZIP Code
75501-2600
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Mazda North American Operations�dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
97
Estimated Revenue
$24.4M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$1,136,190

Lender Information

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

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