Premier Automotive of Troy, LLC

$438,620 PPP Loan in Troy, Alabama

Loan Details

Loan Number
6278557008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$438,620
Current Approval
$438,620
Forgiveness Amount
$442,069
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Premier Automotive of Troy, LLC
Address
113 US Hwy 231 N
City
Troy
State
Alabama
ZIP Code
36081-2435
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$8.8M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$355,000
Rent
$36,000
Utilities
$12,620
Health Care
$15,000
Debt Interest
$20,000

Lender Information

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

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