Bill Jackson Chevrolet-Cadillac-Buick-Gmc, Inc.

$337,485 PPP Loan in Troy, Alabama

Loan Details

Loan Number
6083587006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$337,485
Current Approval
$337,485
Forgiveness Amount
$339,686
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bill Jackson Chevrolet-Cadillac-Buick-Gmc, Inc.
Address
152 US Highway 231
City
Troy
State
Alabama
ZIP Code
36081-1767
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
New Business or 2 years or less
Jobs Reported
38
Estimated Revenue
$9.6M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$270,000
Rent
$50,000
Utilities
$6,000
Debt Interest
$11,485

Lender Information

Servicing Lender
Troy Bank & Trust Company
Originating Lender
Troy Bank & Trust Company

Other PPP Loans in Troy, AL

BusinessApproved
Airtek Construction, Inc.$3,842,390NewBizBotResearch
The Troy Hospital Healthcare Authority$2,752,785NewBizBotResearch
Airtek Construction Inc.$2,000,000NewBizBotResearch
Nipcam Services of North Carolina, LLC$1,784,370NewBizBotResearch
Troy Cablevision Inc.$1,777,918NewBizBotResearch

Want to research this company further?

Try NewBizBot free